THE DESIRE NAMED STREETCAR: Billions spent, but fewer people are using public transportation in Southern California:

The Los Angeles County Metropolitan Transportation Authority, the region’s largest carrier, lost more than 10% of its boardings from 2006 to 2015, a decline that appears to be accelerating. Despite a $9-billion investment in new light rail and subway lines, Metro now has fewer boardings than it did three decades ago, when buses were the county’s only transit option.

But still, look at all the potential for graft when building light rail, while burning taxpayer dollars in a fire, as the Cato Institute noted a decade ago: “A transit agency that expands its bus fleet gets the support of the transit operators union. But an agency that builds a rail line gets the support of construction companies, construction unions, banks and bond dealers, railcar manufacturers, electric power companies (if the railcars are electric powered), downtown property owners, and other real estate interests. Rail may be a negative-sum game for the region as a whole, but those concentrated interests stand to gain a lot at a relatively small expense to everyone else.”

(H/T: Fellow Insta-blogger Virginia Postrel.)