Friday, April 12, 2019

Frivolity and financial imprudence

literally got a shock when I read that the final stage 6 of the Circle Line will cost a whopping $1.2 billion per kilometre to build, or 5 times the average per kilometre cost of the first five stages.

I can't help but wonder how many people truly appreciate and understand just how much $1.2 billion is? For every one metre of that stage 6 Circle Line – with only 3 stations - it will cost our citizens $1.2 billion. If this is not frivolity and financial imprudence of the highest level, what is?

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1 comment:

  1. They will simply increase GST & other taxes, as well as accelerate enduser fees e.g. fare increases.

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