3 min read by Suzanne Shafer This is an excerpt from a letter sent last week by Suzanne Shafer form the Bus Riders Union to Mayor Rothschild regarding this lame concept the bureaucrats refer to as “elasticity.” From letter to Jonathan Rothschild 02-18-2014, . . . how is the projected increase in revenue from fare increases being calculated? How much of this “hole” is it expected to fill? . . . When I asked for the origin of the elasticity model used to estimate the effects of fare changes, Sun Tran staff didn’t know the answer. But several weeks later I got the