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| Re: Madison Square Garden (1333926) | |||
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Re: Madison Square Garden |
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Posted by AlM on Fri Jan 16 13:45:13 2015, in response to Re: Madison Square Garden, posted by Spider-Pig on Fri Jan 16 11:43:10 2015. But isn't that akin to doing economics based on sunk costs?Yes, Penn Station was vandalized. But the perp is no longer with us (being a deceased corporate citizen, or at least bankrupt). So the cost is upon us taxpayers and transportation users. Do we want to spend $2 billion on rebuilding Penn Station, or do we want to spend it on new transportation capabilities? We don't have the choice of putting a gun to the head of Penn Central Corp. and telling them to do it or else we'll shoot. |
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