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Politics : American Presidential Politics and foreign affairs
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To: Peter Dierks who wrote (25700)2/4/2008 5:38:31 PM
From: Jim S  Read Replies (2) of 71588
 
<GGG> Fargo's subway and anchorage's bridge may or may not be worth an investment of gov't money, I don't know. It would seem that a cost/benefit analysis (CBA) would be the determining factor. If the problem with gov't spending on infrastructure is corruption, then it seems to me that corruption should be the subject under discussion, not the infrastructure projects?

The thing that came to my mind as an example, though, was the interstate highway system. Back when the Golden Gate Bridge was proposed, was Oakland big enough to justify it? Was the Key Bridge in Baltimore justifiable given the economics of the day? The point is, they were investments that proved worthwhile. Risk is an accepted part of investing, isn't it?
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