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Bikeshare the Wealth

1:06 PM, Jun 21, 2012 • By DANIEL HALPER
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Reason reports:

Capital Bikeshare, which rents bikes at more than 165 outdoor stations in the Washington D.C. area, serves highly educated and affluent whites.

There's nothing wrong with that, of course, except that the program has received $16 million in government subsidies, including over $1 million specifically earmarked to "address the unique transportation challenges faced by welfare recipients and low-income persons seeking to obtain and maintain employment."

The program is part of a recent explosion in taxpayer-subsidized bike rental services, which have also hit the streets of Chicago, Philadelphia, Boston , Denver, Boulder, Houston, Minneapolis, Broward, Madison, Omaha, San Antonio, and Des Moines.

Capital Bikeshare's latest user survey finds that 95 percent of its regular patrons have college degrees, 53 percent have a Masters or Ph.D., and 80 percent are white. Fully 0 percent have only a high school diploma and just 7 percent make less than $25,000 a year. More than 90 percent were employed and 14 percent reported they were college students, suggesting that very few welfare recipients are using the service.

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