Good MTA news: new chief Jay Walder told the Daily News yesterday that he’ll continue the state-controlled transportation authority’s lawsuit to have $300 million worth of annual wage hikes and givebacks to the TWU overturned.

Even better, Walder made a clear connection between hefty raises for the TWU — unnecessary to keep good labor in this environment — and his plans to invest heavily in the city’s transit system. Too much money for the former, means not enough for the latter.

Too many people pretend that labor and capital expenditures have nothing to do with one another, so it’s nice to see some forthright common sense here.

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