PORTLAND, Ore. -- The latest expansion of the Portland Streetcar line has hit a snag on its way to completion, pushing back the projected operational opening of the line five months to the Fall of 2012.Additionally, the number of street cars has dropped from six to five due to unforeseen technical
@PortlandsTransport Yeah, he really illustrates the stupidity of the "local jobs" focus. Localism, a trade protectionist sentiment one step beyond mercantilism, is ultimately a losing strategy. It is better to buy from places that have become most efficient at producing goods. If you value local industry, don't hurt it long-term by subsidizing, and therefore encouraging, less efficient production.
Sensationalism at its worst. Drag out a libertarian that you know is going to hate anything funded by public funds, and how this is such a waste of our tax dollars.
However, don't mention how the majority of this is being paid for by the government, how that money would otherwise be going to other states for other projects, and how much money, opportunity, and prestige this is bringing to Portland.
@AceTracer What's more expensive.. a pile of $100 bills stacked 40 thick or this streetcar line.
Yep- at over $8000 per foot this is twice the cost of that stack of bills. Prestige? Nope- Absolute lunacy.
JeffPDX1 7 months ago
@PortlandsTransport Yeah, he really illustrates the stupidity of the "local jobs" focus. Localism, a trade protectionist sentiment one step beyond mercantilism, is ultimately a losing strategy. It is better to buy from places that have become most efficient at producing goods. If you value local industry, don't hurt it long-term by subsidizing, and therefore encouraging, less efficient production.
rnecas 7 months ago
Sensationalism at its worst. Drag out a libertarian that you know is going to hate anything funded by public funds, and how this is such a waste of our tax dollars.
However, don't mention how the majority of this is being paid for by the government, how that money would otherwise be going to other states for other projects, and how much money, opportunity, and prestige this is bringing to Portland.
AceTracer 7 months ago
That John Charles comment about picks and shovels cracked me up!
PortlandsTransport 7 months ago