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Old Posted Apr 8, 2012, 8:26 PM
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Wizened Variations Wizened Variations is offline
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$524 billion.

Right.

Now maybe if the Plan can be viewed like a response to a force 8.0 earthquake in the LA Basin created Plan, where instead of an earthquake, we are talking about a Weimar Republic inflationary depression, this is a good thing (which just might happen).

Otherwise, this still gives the private property owners an interface with local politicans to push their pet redevelopment projects, which in the real US world, is the only way anything other than expanding freeways is ever built with public money. This just may be a shrewd political move.
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Good read on relationship between increasing number of freeway lanes and traffic

http://www.vtpi.org/gentraf.pdf
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