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Re: M.T.A. Cuts Delay Some Big Projects Until 2010

Posted by Broadway Lion on Tue Jun 24 11:40:31 2008, in response to M.T.A. Cuts Delay Some Big Projects Until 2010, posted by SelkirkTMO on Tue Jun 24 05:10:17 2008.

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Why should anything be cut back?

Everything should be built now regardless of cost, for it will only cost more later. Besides, as we have seen for the last 50 years, later never has any money of its own anyway.

LION does not object to borrowing for infrastructure, it is right and proper that such expenses be amortized over 30 to 50 years. But NO BORROWING for operating costs. Those must be paid as you go, but they too must be paid: Both from the fare box and from the tax jar.

ROAR

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