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We had one project here quoted at a few million a couple of years ago.
Now that quote has tripled so it got scraped.
Seems even with deflation and lack of jobs..prices for construction are skyrocketing.
Seems a bit odd this should happen though. Either the baseline projects aren't being accurately evaluated, or something is wrong with the critical review and approval process.
Seems a bit odd this should happen though. Either the baseline projects aren't being accurately evaluated, or something is wrong with the critical review and approval process.
It doesn't just "happen".
Nationally constructions costs are up over 7% this year due to the rise in commodities.
To those of you who think Christie has no business turning down this vastly over-priced project I ask you - is this the way you conduct your own personal affairs? If you're out of work, your resources are meager and you have a family to feed, do you go out an buy a flashy new car or have a pool built in your backyard? This is the same principle on a much larger scale. Christie is just saying that when times are so tough the state should not be saddling itself with financial obligations that it just simply can't afford.
More money for the rest of us, so I guess many States should be cheering this move. Even if the money is split among ten States; hey $300 million ain't hay! But it was a bad decision for NJ and NY. Not only would it create 6,000 much needed jobs, it would improve travel between the two states. True the project had flaws, such as being unusable to Amtrak trains. But it looked like a new tunnel was finally on the horizon. Projects of this magnitude are very long term, like planning for grandchildren at your High School graduation.
More money for the rest of us, so I guess many States should be cheering this move. Even if the money is split among ten States; hey $300 million ain't hay! But it was a bad decision for NJ and NY. Not only would it create 6,000 much needed jobs, it would improve travel between the two states. True the project had flaws, such as being unusable to Amtrak trains. But it looked like a new tunnel was finally on the horizon. Projects of this magnitude are very long term, like planning for grandchildren at your High School graduation.
And if there is no viable way to pay for them, then they should be given a second thought.
The $3 billion would NOT have covered the cost of the tunnel.
He's rejected putting up $8B of the states money.. He's more than welcome to take all $11B needed from the feds if they'd give it but since the state doesnt have $8B to put in, he's turning down the project.
Not even going to respond to the OP's accusation that its all a plot to attack Obama.. ridiculous, but its the usual.
All the tunnel would do would be to transfer even more vehicles from NJ to NYC where they are already overloaded with automobiles. Christie should have suggested they take the money and use it to cover tax credits for creating and hiring private Mass Transit companies to get people out of automobiles who are coming and going to NYC. This would provide permanent jobs, not temporary construction jobs, and save shelling out the money to union hacks and government projects.
Those who look to government to provide their every service just don't seem to get it that the government can't manage and run social programs very effeciently.
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