I agree that VMT is good because of why people make those trips. If you're saying spending all that money on public transit would be a better way to help more people make more of those trips, then you'd be unequivocally wrong in much of the US. Go to someplace like Dallas and marvel at the nearly empty buses and light rail run cars. Maybe we could focus on dramatically improving public transit in someplace suitably dense like West LA. If only the politics allowed it.