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This has been posted before, and it simply isn’t true.
The NYPD spent the money improving infrastructure and increasing the number of officers in the transit system. They caught farebeaters that added up to whatever the low number is, but that was hardly the only benefit.
I support defunding the police, and I’m sure there were better ways to spend the money, but making this about the economics of fare jumpers is disingenuous and undercuts the point.