By Republican logic, public libraries "lose money". So do a lot of public services.
But it's not about some shitty private equitymoney extraction. And it's not lost money.
Public transit is already substandard to driving, and should be free. And it'd be a way to reduce congestion too. But no, it "loses money".
Can you name a country where public transit is free?
I think a better goal would be to not have to travel across the city for basic needs and services. Would reduce congestion even more.