TJS: I think the problem with the system as it currently exists is that it creates a perception of inequity and thus resentment/momentum for cancellation outright rather than implementing something people would consider fair. A travel warranty/limited value smartcard would in fact bring the travel pass closer to the limited unit system used for telephones etc. As for the argument during the boom, the problem there was that promises were made to OAPs of a throughly unfunded nature, relying on future revenues to fulfill the promises. Unfortunately nobody will be brought to account for this deception.
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