Quote:
Originally Posted by Migrant_Coconut
As much as I disapprove of closing off road space for the sake of a few dozen bikers, those "upgrades" didn't take $4-5 billion. I'd bet that more than half the forum would want to see a return on their investment for that kind of money.
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How many bridges in the world have a direct return on investment at the toll box? If bridges had a solid business case, the government wouldn't need to build them. Companies would form and build bridges on their own.
It's not like the Government makes iPhones.
Most bridges are built with general revenue (or money borrowed against general revenue). They do not return anything directly to government coffers. They directly lose 100% of the money spent to build them.
But they do contribute to the economy and society. They increase mobility, which in turn generates new and improved opportunities. The economy grows, GDP grows, and tax revenue grows.
Some times you just don't see a direct return, like spending hundreds of thousands on a surgery for a senior citizen... how's he ever going to pay it back directly (even through taxes)? He doesn't, but his survival contributes to the quality of life of those around him, and to the very stability of our society in general.
Quote:
Originally Posted by WarrenC12
Exactly. Spending several Billion on this project limits our ability to spend on other infrastructure.
Spending a few million on a bike lane (which is a 100% municipal decision), is not comparable at all.
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It is though. Both governments have very different sized budgets. And even with a comparably small budget, you have to target it carefully. You could just as easily say spending a few million on more social housing on the east side rather than a bike lane for the priveledge west side is serious choice the city must make.
The price of a fast food meal is nothing compared to my anual budge, but if I chip away at my bank account by eating out twice a day, I won't have money when those big budge items come around. A plane ticket cost X dollars, it doesn't really matter if I'm short $3 or $300; short is short.