Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: vooch

You live in a pipe dream... Or are smoking some great stuff.

Since the private contractors have taken over the costs of the turnpike has risen rediculously, if you think private enterprise will always give you the best price and performance you are just as big a fool as someone who believes government is the solution to every problem.

When you sell, lease or contract out public infrastructure you literally hand that private industry a monopoly over a piece of public infrastructure... They didn’t build it, didn’t conceive it, ont have any incentive to care and maintain it as long as their profits continue.

You are being beyond naive. Private industry wants to own and operate a toll road, by all means go out and build yourself one... But the idea that public infrastructure will be better managed by private enterprise is a pipe dream... It’s the flip side whackadoo of the coin to the whackadoos who think government can solve every problem better


44 posted on 06/17/2017 10:15:22 AM PDT by HamiltonJay
[ Post Reply | Private Reply | To 28 | View Replies ]


To: HamiltonJay

As far as I know, the PA Turnpike is not privatized or a PPP. The commission tried to lease the road to a private company about 10 years ago, but the deal fell through.

The skyrocketing tolls are being used to pay back bonds issued both to widen and rebuild the road and to pay the turnpike’s $450M/yr obligation to PennDOT under Act 44. Act 89 ratchets the obligation back to $50M/yr in 2023. Since the turnpike will presumably not have to issue as many bonds then, the toll rate increases will hopefully ease up some.


50 posted on 06/17/2017 10:38:56 AM PDT by Tolerance Sucks Rocks (April 2006 Message from Dan http://www.dansimmons.com/news/message/2006_04.htm)
[ Post Reply | Private Reply | To 44 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson