President Obama’s constant refrain about the government’s unprecedented levels of red ink points to “millionaires and billionaires” as the problem, not the massive amounts of waste, fraud, and inefficiency in government operations.
Remember when a million per mile seemed like a crazy price for a new road? Now it’s a billion per mile for a transportation project and the politicians are just fine with it, even if the project is totally unnecessary, even if we’re already broke.
To make it allegedly easier for people in San Francisco to get in and out of Chinatown in a hurry, a new 1.7 mile subway line is in the works.
The original projected cost was $647 million. Now it’s $1.6 billion, and growing.
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Professor Ralph R. Reiland (photo)