Posted on 05/08/2007 9:03:10 PM PDT by MinorityRepublican
The electric power infrastructure is the one that I am the most concerned about. While the transportation sector has some gaps, our electric power problems seem to me more worrisome.
"A lack of political will because of fear of raising taxes is mainly responsible for the shortfall,.."
No. The money spent is simply wasted in unjustified employee wages and benefits or stolen by politically connected contractors.
I think here in Chicago that we're lucky if 10 cents on the dollar is actually delivered in terms of work done on any given public project. Case in point: a renovation of a 10 mile streatch of El is costing $500 million dollars. That's $50 million dollars per mile for two railway tracks and a few stations.
I need to figure out how many millimeters of gold plate could be applied to each rail for the same money.
The press has been trotting out this story every year for the past 40 years.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.