Well yes I'm anti-borrowing because just servicing the interest is probably £4k of the average persons taxation per year its not sustainable and this isn't right or left wing politics its just reality politics. Many bike schemes haven't been subsidised and of course they are uneconomic to continue so have stopped. Is it infrastructure I thought that was more cycle lanes?
Those Boris bikes are not well costed designs, they are super expensive and why on Earth were some of them bought from Canada. Surely a facility in London that both assembles the bikes and maintains them from kits from Asia would have been the logically approach to keep costs down. A heavy duty mountain bike frame, steel with steel forks, 26" wheels, 36 spokes at the front, 48 at the rear and a basic 3 speed hub gear mechanism with fairly low gearing would have been sufficient plus the necessary electronic parts plus a front dynamo hub. This would have provided jobs and capital within the UK. This could have been done in partnership with Brompton who could have helped setup the facility and could have provided many jobs for London including those with disabilities who struggle to find work. I just don't get the approach that was taken at all. I honestly believe that could have been completely self-financing at current charge rates. I honestly can't accept this couldn't have been self-financing if approached more realistically. There may even have been the opportunity to export some of those bikes and expand the facilities to provide bikes for other similar schemes around the country and then economies of scale kick in like perhaps making the frames within the UK.