Public transit accounting

To P.J. O'Rourke's claim that the Minneapolis light rail system was too expensive with its $700 million price tag, and that every citizen might as well lease a BMW SUV for the same price, an industrious ground logistics military officer offers this analysis, which ultimately shows that while public transit would cost taxpayers $17 million per year, BMWs with all its associated costs of ownership and service (parking spaces, highways and roads to drive on, gas, and more...) would cost taxpayers $166 million per year.

via Civic Strategies