We're all in this thing together

This morning, the MTA voted 12:1 to increase subways fare to $2.50/ride, $103 for unlimited monthly, and is severly cutting back on bus and train service. http://cityroom.blogs.nytimes.com/2009/03/25/mta-board-meets-to-vote-on-fare-hikes/?hp

Is this what we're in store for?