"Where the Second Avenue subway went wrong" (James Surowiecki)
New Yorkers once had train service all up and down Second Avenue. Here we see the old Second Avenue El (torn down in 1940-42) at 34th Street. [Click to enlarge.]"The pool of dollars available for something like public transit is limited. The result of extravagant spending on subways and the like is that we end up with fewer of them than other cities.