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Gavin Newsom may be the most economic illiterate on the face of the earth--of course he is a radical Democrat so that may explain it.
"In October of this year, the Metropolitan Transportation Commission (MTC) approved a $4.29 million grant that will greatly assist the $7 million price tag for making a Bay Area bicycle sharing program possible. Turning towards such cities as New York, Paris, London, Denver, and Washington DC who have existing bike share programs, the MTA agrees that is is definitely time for San Francisco to jump on board. Now it's a matter of deciding which bicycle company will win the proposal and install 500 bicycles (to start) in San Francisco at the end of next year."
The City is over $400 million in deficit, which is growing. Yet they have money to buy a "rent a bike" system for the city? At the same time they are about to demand people coming into the town $6 round trip to come into town. This means potential business will not show up.
Bikes or cops? Newsom and his Progressives prefer bikes for rent! Sick.
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"In October of this year, the Metropolitan Transportation Commission (MTC) approved a $4.29 million grant that will greatly assist the $7 million price tag for making a Bay Area bicycle sharing program possible. Turning towards such cities as New York, Paris, London, Denver, and Washington DC who have existing bike share programs, the MTA agrees that is is definitely time for San Francisco to jump on board. Now it's a matter of deciding which bicycle company will win the proposal and install 500 bicycles (to start) in San Francisco at the end of next year."
The City is over $400 million in deficit, which is growing. Yet they have money to buy a "rent a bike" system for the city? At the same time they are about to demand people coming into the town $6 round trip to come into town. This means potential business will not show up.
Bikes or cops? Newsom and his Progressives prefer bikes for rent! Sick.
More...