Christie really is doing a great job.
The two take-away quotes from this editorial are that no one takes the cost estimates seriously and that Christie “could not, in good conscience, leave his state’s taxpayers on the hook for potentially billions of dollars in cost overruns.”
That, in a nutshell is the most significant problem we face as a nation today and the proper conservaive response. Every government program—whether its public works or entitlements—have cost estimates that no one takes seriously, yet no politician has the good conscience to vote no—including way too may “conservatives” in Congress.
I wonder if "finally finished" includes the repairs, required nearly immediately after it was opened for use, for those giant steel plates that fell from the ceiling, or the settlement(s) for the estates of the people killed as a result.
Christie has not only saved his state the expense of this boondoggle but he has also saved the Federal government 14 billion and possibly more by nixing it. Unfortunately, the Dems in Congress will find another boondoggle project to blow the money he saved them.
Let investors like Macquarie do the math. If it works, they’ll fund it. Also, why not let the market take the lead with buses and ferries.