Thread: fare dodgers
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Old February 13th 07, 08:28 AM posted to uk.transport.london
Mizter T Mizter T is offline
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First recorded activity at LondonBanter: May 2005
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Default fare dodgers

On 13 Feb, 08:56, "John B" wrote:
On Feb 12, 11:25 pm, "Boltar" wrote:



Thats all very fascinating and I'm sure you and your Casio had a great
time. What I can tell you is that my monthly travelcard cost me about
95 quid 3 years ago (which is as far back as I can remember, I've been
using the tube to go to work on and off for 10 years) , this month its
over 120. For 3 years with inflation of say 3% that 95 quid should now
be 95 * 1.03 ^ 3 = 103.80. So where has that other 17 quid come from
then?


A z1-3 Travelcard cost £91.40 in 2004 and now costs £105.30, which is
only slightly above the inflation-adjusted increase you suggest above.
I'm not sure what kind of exotic ticket you're using...

The additional increase is fair enough, because the UK economy is
currently showing substantial deflation in goods prices combined with
inflation in services prices. The Tube's cost base is primarily based
on services and wages rather than goods, so its costs will be rising
faster than inflation too...

--
John Band
john at johnband dot orgwww.johnband.org



You just don't get it John - what's evidence got to do with it? It's
all about sheer assertion of the facts.