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I like transit but have always found the anti-road induced demand argument to be strange. You can apply it to many different kinds of networks, where increasing bandwidth "causes" increased usage. But why should increased throughput be considered bad?
I think I'm more of a fan of quant-y arguments than you, so I wouldn't mind an argument based on ROI, but that's quite different from what I see: why build bigger roads, they just get filled up! Well, why build fiber instead of ISDN, that extra bandwidth just gets filled up!
Your experience as one individual driving on the road doesn't improve with widening.
People want to not be stuck in traffic. They don't want to be stuck in traffic plus have the delightful company of hundreds more cars stuck in traffic with them.
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