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slaypuree@lemmy.world

BART Bailout: California Budget to Include $1.1B for Bay Area Transit (sfstandard.com)

submitted 1 year ago by slaypuree@lemmy.world to c/bayarea@lemmy.world

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[–] FlashMobOfOne@lemmy.world 4 points 1 year ago (1 children)

Honest question: Is it really accurate to characterize funding for a public utility or service as a bailout? Or are taxpayers just getting value for their tax money?

I would think a bailout would be when we're giving public money to a for-profit entity that massively mismanaged itself.

[–] fubo@lemmy.world 2 points 1 year ago

Is it really accurate to characterize funding for a public utility or service as a bailout?

No, it's not. Consider: We don't refer to highway funding as "bailing out" the automobile industry, for instance; even though the automobile industry couldn't very well sell very many cars if there weren't highways to drive them on.