Just Print the Money (opens in new tab)

Back in August, New York City’s Metropolitan Transit Authority (MTA) warned of a “doomsday” scenario—including fare hikes and service cuts—if the federal government didn’t come through with $12 billion in aid. Writing about the MTA crisis, Strong Towns founder and president Chuck Marohn said that, if he ran the money printing press, the transit agency would get the money. But he also talked about how preposterous it is that it should ever have gotten to this point. New York City has the most ...