michael spexarth 
Member since Oct 23, 2012


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Re: “The Port's Debt Problems Will Slow Army Base Project

It is just really amazing how much is paid for so little in Public Financing of capitol projects. And it is stupefying how the costs are never even close as to what they are projected to be.
Like Public Finance is a big pig feed. No one is accountable. Then, when built, amazing fighting over who gets profits-like the periodic Coliseum division of spoils..
Aren't we all sick of this? If Port Expansion is profitable, private investment can do it, or it won't get done--it is unmarketable. Since when does the public sector generate economic growth? City Government? The Post Office? Civil Service? Unions?

3 likes, 0 dislikes
Posted by michael spexarth on 04/12/2013 at 10:03 PM

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