crusader377
10-24-11, 10:40
This is a good editorial from the Washington Post on why the national infrastructure projects are often wasteful and inefficient.
The current administration is constantly pushing for more money for infrastructure but seldom answers the question on the economic value of the projects and do the projects make economic sense. In particular, they have been very agressive with urban light rail and intra-city rail projects which have consistantly lost money in every city or region that has built them.
http://www.washingtonpost.com/opinions/infrastructure-projects-to-fix-the-economy-dont-bank-on-it/2011/10/18/gIQAgtZi3L_story_2.html
The current administration is constantly pushing for more money for infrastructure but seldom answers the question on the economic value of the projects and do the projects make economic sense. In particular, they have been very agressive with urban light rail and intra-city rail projects which have consistantly lost money in every city or region that has built them.
http://www.washingtonpost.com/opinions/infrastructure-projects-to-fix-the-economy-dont-bank-on-it/2011/10/18/gIQAgtZi3L_story_2.html