It did not take long for transit projects to fall into the same false internal narratives that plague automobile projects, using phony numbers and specious correlations to justify massive investments designed to induce growth. Unlike auto projects, however, which have the ongoing backing of dedicated state revenues, the local match for transit projects was most often municipal debt backed by projected fare receipts. This made false projections extra harmful as shortages at the farebox had to be made up with service cuts, further undermining the entire model.
