> Erika wrote:
> Great point. I assume it's the largest piece of land around convenient and
> flat enough to build?

It's really a question of investment vs. pork.

For example, the tax payers of Atlanta might want to pay for a second
airport because the first is overbooked and a second would bring in
major revenues due to an ability to attract a whole new decade of
business developement in, say, a northern suburb.

If the facts support the proposal, such as, say, Audi and Honda are
proposing major assembly plants north of Atlanta, then the federal
gov't might want to kick in too.

The question is all about "adding value".

For example, Atlanta could create 1000 jobs to hand dig up a pile of
dirt from the south side and move it to the north side.  Let's say
that costs tax payers $5 million and the project lasts 2 years.  What
value has that $5M investment created?  None.  Just a pile of dirt and
a big hole.

If, on the other hand, that $5 is used to build an airport to attract,
say, an Audi assembly plant, now you've created value because your
investment has sparked a whole new round of wealth creation.

Putting it all together, if the bridge-to-nowhere created value by
enabling business development that otherwise wouldn't have happened -
i.e., it has a positive ROI - then it's a great idea.

If, on the other hand, it's just shortening the commute that people
would've made anyway then it's not adding anything and actually
eliminating long-term ferry jobs.

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