This week, The Observer looked at the Department of Transportation’s $4.3 billion capital campaign over the past for years. Despite all the attention paid to bike lanes and pedestrian plazas, like those at Prospect Park West and Times Square, those account for less than 1 percent of the entire budget. There have been 757 projects undertaken in the past four years. Here are a dozen of them.

Bottom line: bicycles are cheap. Low public capital costs, as this article shows, and (unlike transit) no public operating costs. And they are relatively cheap for users, too.
And the United States of America is broke — federal, state, local, financial, personal and private equtiy buyout firms, all in debt up to the eyeballs. With a currency that will not be able to buy oil on favorable terms that much longer.
This is the world Generation Greed is leaving behind. Bicycles are one of may adaptations that will be required.