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| Re: Krugman bloviates (GAO blah Christie blah blah blah ARC blah blah) (1150951) | |||
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Re: Krugman bloviates (GAO blah Christie blah blah blah ARC blah blah) |
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Posted by Joe V on Sun Apr 15 07:35:58 2012, in response to Re: Krugman bloviates (GAO blah Christie blah blah blah ARC blah blah), posted by J trainloco on Sat Apr 14 22:54:23 2012. On projects of this magnitude like Central Artery, SAS, and ESA, cost escalations occur well into construction. With ARC, they hadn't done a thing, and already upper-end limits of $10B - $12B depending on who you listen to. It easily could have wound up being $20B.Central Artery was supposed to be $2B or $4B, don't remember, turned out to be $16B, and it is indebted thru 2038. |
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