For bus systems at least the amount fares cover is typically on the order of 5% give or take in the US. The fact that bus fares exist at this point in the US has got everything to do with emotions, narratives and a political stance against providing a social safety net and nothing to do with cold hard economics.
For bus systems at least the amount fares cover is typically on the order of 5% give or take in the US. The fact that bus fares exist at this point in the US has got everything to do with emotions, narratives and a political stance against providing a social safety net and nothing to do with cold hard economics.