02-26-2019, 06:35 PM
Paul F. wrote:
[quote=Acer]
Put $500 billion and a promise of perpetual maintenance and updating afterward, funded 90% by taxes, into passenger rail see what you get. That's what we did for the car--just the interstate system part.
What you'll get is a projected 3 trillion dollar project that never gets started because they need more money, but somehow manages to spend all $500 billion and have a staff of thousands, despite not actually building anything.
We've lost the bubble on infrastructure projects like that.
We did lose that bubble long ago, from lack of leadership. There's no way to pay for something like that today with taxes because taxes are now distrusted. It's no longer about how to do something, it's simply don't do anything because money *never* gets spent well. Leadership. Either that or we forgot how to build things.
So we get public/private partnerships, if we get anything at all, with all the inefficiencies and kickbacks that entails, because America is apparently a poor, 3rd World country lacking in resources. Maybe we should start a GoFundMe to build infrastructure. Rich businessmen will always be ready to save us and make everything great again.