Monday, May 14, 2012

Instant Interstate Is Wisconsin's Latest Economic Development Charade

In a state that leads the nation in shedding jobs, and run by a Governor still promising unachievable job growth to save his political hide, businesses are positively giddy about the hocus-pocus underway to flip the highway signage on State Highway 41 to I-#something as a development tool - - and none of the fiscally-conservative leaders or politicians in our broke state are looking at the immediate $12 million road-conversion costs and future taxpayer obligations with any concern.

Maybe $12 million doesn't strike you as a lot of money.

Well, Scott Walker killed the Madison-Milwaukee-regional high-speed rail connection - - and the jobs that accompanied it - - over an estimated annual; cost to the state of about $750,000, the Journal Sentinel reported.

At $750,000 annually, $12 million would have paid for 16 years of the Amtrak line's projected operating cost.

The double-standard with transit spending cutbacks rolls on.

1 comment:

  1. I guess the State of Wisconsin chief Economist does not agree with you about the job losses? Did you happen to hear what he had to say? I guess that does not feel your Walker Derangement Syndrome.

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