The High Cost of Parking

The video stream of Donald Shoup’s presentation at PSU is now online.

Even for those who already know the patter, it’s a revelation. One comparison I had not before is that the annual amount of parking subsidy in the United is roughly equal to each of the following three amounts:

• The cost to run Medicare
• The cost to run the Defense Department
• The sum of all property taxes in the country

Ouch!