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Transportation Infrastructure - Who Will Finance Rail?
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<P mce_keep="true">[quote user="henry6"] <P>[quote user="al-in-chgo"] <P><STRONG><FONT face=tahoma,arial,helvetica,sans-serif color=#330099 size=3>I would hate to see the federal gov't step in even if there seems to be a need. Funding of routes would almost inevitably become politicized, unlike a private corp. which has to make reasonably sharp guesses about where the money would most benefit the line's infrastructure. And of course we taxpayers pay for the dubious results. - a.s.</FONT></STRONG></P> <P>[/quote]</P> <P>But Al, what if Big Bussiness Railroad comes to the government and proposes or asks that the governernment help it build additional capacity between City One and City Two proving to the government that it would be cheaper than building new highway infrastructure, cause less pollution, and create jobs beyond the construction period. [/quote]</P> <P mce_keep="true"> </P> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT face="Times New Roman" size=3>If the extra capacity is needed, then the consumers of it will pay for it and private investors will provide the capital.<SPAN style="mso-spacerun: yes"> </SPAN>They will do so for a return on their investment and a reward for their risk.<SPAN style="mso-spacerun: yes"> </SPAN>To the extent the government gets involved, they merely dictate that we the taxpayers invest regardless of the return worthiness / risk of the investment.<SPAN style="mso-spacerun: yes"> </SPAN>With government, these business factors are secondary, while their primary objective is the expansion of government.<SPAN style="mso-spacerun: yes"> </SPAN>And the government also adds to the investment equation, their incredibly bloated overhead cost and their notorious inefficiency that naturally accompanies what amounts to a bureaucracy with unlimited power to spend other peoples’ money. </FONT></P> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT size=3><FONT face="Times New Roman"></FONT></FONT> </P> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">We can’t do anything about a private business asking the government for help.<SPAN style="mso-spacerun: yes"> </SPAN>But we do have a say in whether the government says yes or no to the request-- for at least a couple more days anyway. </SPAN></P>
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