Reason & Rail
Wednesday, September 14, 2011
A five billion dollar boondoggle in Texas
Alon Levy posted a few months ago on road boondoggles
, but Texas is showing its determination to prove that everything is bigger, if certainly not better, in Texas.
Witness a 5.2 billion dollar third beltway around Houston
. To make matters worse, the renewed push for the project is largely to
try and keep ExxonMobile's headquarters in the region
, not of any actual congestion or other criteria which might present a somewhat rationale criteria for the construction.
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