Sunday, December 07, 2008

 

More Jobs

The incoming president of the United States
has spoken about his plans to increase jobs
by creating road, bridge and school
construction jobs.......Some 2.5 million, I think....

Living on the east coast of the US, two such
road, bridge/tunnel jobs come to mind.....

The first is the Big Dig in Boston....Construction
between 1991 and 2007....Estimate cost
$2.8 billion (1985 dollars).....Total cost
$8.8 billion (1985 dollars) or $14.6 billion in
2006 dollars......

The second one is the Springfield "Mixing
Bowl" outside of Washington DC in Virginia....
1999/2007.....Estimated cost $350 million
and completed cost $676 million......

Cost overruns and more cost overruns......
Going over budget.....Has the government
convinced the populous that they also could
live on cost overruns?.....If so, it did not
work and never does......Pumps
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