Quote:
Originally Posted by oldschoolcalgary
City Building necessarily excludes some ppl from directly benefiting from projects that use public monies. Like many have noted however, that doesn't mean the City doesn't need those projects.
i've used the West LRT once
I've used the Ring Road 3 times
the new interchanges on Crowchild in the nw, i've used maybe twice...
I haven't stepped foot into any of the new rec centers
The reality is that now is the best time to build because of lower constructions costs; building it during a boom is foolish as you are not benefiting from lower labor and material costs. I'm a Keynesian, so i think that if you are going to spend public monies on infrastructure, doing so in a slightly depressed economy give you a lot more monetary efficiency...
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On that note, three years of construction is good for local trades people. Some of that public money will land back in the pockets of local workers. Even when the building is done an arena employs hundreds of people of all educational backgrounds. It's not as if the CSEG oweners are the only people who will make money off this project.