Such a commuter-rail line would build on the “success” of Portland’s Westside Express Service from Wilsonville to Beaverton. This line, which was built with a mere 60 percent cost overrun, attracted a whopping 724 round trips per average weekday in 2011 by zipping along at an average speed of 34 mph. The line collected a total of $386,000 in fares against operation and maintenance costs exceeding $6.6 million.
When the capital costs are annualized at 2 percent and added to the operation and maintenance subsidies, the total is enough to give every daily round-trip rider a brand-new Toyota Prius every fifteen months for the next 28 years! Even longer if Portland doesn’t scrap this boondoggle when it is worn out. So, obviously, the line should be extended from Wilsonville to Salem. At least, if you live in a fantasy world.
It would almost be amazing if it wasn't our tax dollars being spent.
This government overspending, lack of results, and waste of time exists everywhere else the government does things.
If I remember rightly, one of my first blog posts was to point out that we could balance the federal budget by eliminating all welfare and giving each of the poorest Americans a check for $40,000 each year. That would be cheaper than what we are doing now, and yet we have more poor people.
Perhaps it is a waste of time to only look at, or debate, one issue. Government spending is so far gone that even the revenues of $386,000 vs some expenses totaling $6.6 million on a project will go unnoticed by nearly everyone. And some people will still want more stupid trains.
Both sides agree that government waste is bad, neither side will admit that the waste is everything, everywhere.
Why aren't more of us anarchists?