New Jersey Gov. Chris Christie has come under intense criticism for threatening to cancel the largest infrastructure project in the nation, a new rail tunnel connecting New York City with the Garden State. But Mr. Christie is right to be skeptical.
Much of the censure is coming from an 'infrastructure �ber alles' crowd that too readily ignores that the costs of these big projects are often grossly underestimated and their benefits significantly exaggerated."
Thursday, October 28, 2010
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