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> It's a shame that the focus is always on the capital outlay and not on the cost benefit potential to be realized (both economic and non-economic). This sort o
by chimeracoder 8y ago
> It's a shame that the focus is always on the capital outlay and not on the cost benefit potential to be realized (both economic and non-economic). This sort of spending should always be seen as an investment.
The reason the focus is on cost is that New York transit has a long history of spending far more than it needs to, due to rampant corruption[0].
If you look at this like an investment, then you also need to do the same sort of due diligence you would with any other investment, including asking why the costs are outrageously out of proportion with what they should be.
[0] https://nytimes.com/2017/12/28/nyregion/new-york-subway-construction-costs.html https://nytimes.com/2017/12/28/nyregion/new-york-subway-cons...