The taxpayer-fleecing schedule
The WRA editorializes:
The state's $1.2 billion, née $300 million, rail-maintenance center in New Haven is on schedule. No, not the construction schedule; the taxpayer-fleecing schedule. Like so many public-works projects, this one began with the low-ball estimate to ensure its approval; after all, who in his right mind would spend $1.2 billion ($1.9 billion over 20 years when borrowing costs are included) on a garage? Then came the you've-got-to-be-kidding stage in which curious add-ons, "design changes" and "inflation" that no one possibly could have anticipated are revealed, and officials admit their initial estimate was, well, a tad low.
Ahhh... Corrupticut. Sweet, sweet Corrupticut.
kinda makes me think of a
The state's $1.2 billion, née $300 million, rail-maintenance center in New Haven is on schedule. No, not the construction schedule; the taxpayer-fleecing schedule. Like so many public-works projects, this one began with the low-ball estimate to ensure its approval; after all, who in his right mind would spend $1.2 billion ($1.9 billion over 20 years when borrowing costs are included) on a garage? Then came the you've-got-to-be-kidding stage in which curious add-ons, "design changes" and "inflation" that no one possibly could have anticipated are revealed, and officials admit their initial estimate was, well, a tad low.
Ahhh... Corrupticut. Sweet, sweet Corrupticut.
kinda makes me think of a
White Elephant
and so many other projects.
Tim White
1 comment:
"Cheshire Herald, July 1, 2015"
"Town needs $2.5 Million for turf replacement"
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