Categories
ideological culture too much government

Fields of Schemes

Hopes, wishes and cinematic sentiment are not a business plan.

A baseball stadium in Camden, New Jersey is being shut down three years after the team for which it was built has left town.

At the groundbreaking in 2000, then-​Governor Christine Todd Whitman said she’d “heard the message from the movie Field of Dreams: ‘If you build it, they will come.’ Well, soon we will see a field of dreams right here in Camden, and my prediction is ‘they will come.’”

So it’s the movie’s fault?

Officials had hoped that crowds would steadily come to see the Camden Riversharks play ball, boosting the local economy and enabling repayment of the taxpayers’ “investment” of $18 million.

Didn’t work out.

The minor-​league team threw in the towel in 2015 after missing several lease payments. The Camden government bought the property. They couldn’t find a successor team, so now the stadium is going. It will cost another million in taxpayer dollars just to tear it down.

Lesson learned? Er, no. Another taxpayer-​funded development will replace the stadium.

Of course, private investors can also err when spending their own money. But they’re less likely to throw millions at projects with little prospect of profit. When their investments do fail, companies tend to cut their losses much faster than government officials who are ladling out other people’s money.

Unlike many government planners, private investors of private capital are also not eager to keep repeating their worst blunders.

Meanwhile, perhaps best of all, when private investors misjudge a project, non-​investors lose nothing.

This is Common Sense. I’m Paul Jacob.

 


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Categories
Accountability free trade & free markets general freedom responsibility too much government

No Other Options?

Long I have criticized the Washington, DC, Metro — the transit authority in our nation’s imperial capital — most recently in March. But I am foursquare in support of the government body’s recent hazard warning: “Only take Metro if you have no other option.”

Good general principle.

But what’s the particular occasion? There will be “Major 24/​7 Construction Activity” for 15 days in mid-​August. The service is advising usage of buses and even freely-​provided shuttle services to compensate for commuters stuck in the repairs.

Christian Britschgi, writing at Reason, actually dared ride one embattled line. He found what you might expect: a long history of lazy, perverse incompetence at Metro, bordering on corruption. When concrete started falling from the ceiling at one station in 2016, “an internal investigation … uncovered Metro safety inspectors at the station had taken to just cutting and pasting positive evaluations from prior year reports instead of actually checking for damage in some hard-​to-​reach areas of the station,” Britschgi explains

This is the kind of thing you expect to find in government. Why? Because we don’t allow government projects to go under, even after repeated and massive failures. Ignominy.

Should we be shocked, though? No. Spectacular non-​success is close enough for government work. Markets work better because of important communication via profit and loss. Without that stick of loss, governments just take our taxes as their carrot. 

Not a whole lot rides on actually serving riders.

This is Common Sense. I’m Paul Jacob.

 


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Categories
Accountability moral hazard national politics & policies responsibility too much government

You’re Fired!

If government were reality TV — and it is — this current administration would obviously be The Apprentice.

Who do you most want fired?

Last week, President Trump gave Veterans Administration Secretary Dr. David Shulkin the heave-​ho, after a “damning” Inspector General’s report not only charged Shulkin with misusing tax dollars but also detailed myriad problems at the VA that continue to “put patients at risk.”

In a New York Times op-​ed, the former Secretary defended his “tenure at the department,” arguing that he had “expanded access to health care by reducing wait times, increasing productivity and working more closely with the private sector.” 

Speaking of the private sector, however, Shulkin suggested his firing was orchestrated by those favoring privatization — and that “privatization leading to the dismantling of the department’s extensive health care system is a terrible idea.”

Last April, President Trump signed the Veterans Choice Improvement Act, expanding the ability of vets to access private medical care outside the confines of the VA system. Why? Because IG investigations discovered that wait times were actually killing veterans — and the VA bureaucracy was actively covering up the problem.

“Critics have questioned whether increasing veterans’ reliance on private doctors might move the VA toward privatization,” the Washington Examiner noted at the time, “while proponents of such efforts have accused the VA of resisting steps to implement the program in order to protect the status quo.”

Vets deserve a choice, not a bureaucracy. After failing veterans for decades, Status Quo, you’re fired!

This is Common Sense. I’m Paul Jacob. 


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Categories
folly porkbarrel politics responsibility too much government

A Bullet Train to the Head

Romanticism. The yearning for greatness; the need for speed. Efficiency! It’s all there in California’s high-​speed rail project — hopes and dreams and a sense of the grandeur of progress.

And yet the bullet train project, approved by voters in 2008, is a fiasco.

One can blame the voters, I suppose. At least the 53.7 percent who said yes to a referendum authorizing a 9.95 billion bond. Just to get the project started.

But we shouldn’t, really. All the people pushing the bullet train notion (from Los Angeles to the Bay) said that most of the investment would come from private investors. Further, it would require no ongoing subsidies.

Those assurances, however, “were at best wishful thinking, at worst an elaborate con,” writes Virginia Postrel for Bloomberg.

How bad is it? Total construction cost went from a $33 billion to $68 billion — despite route trimming. The first segment, which is understood to be the easiest to build (shooting through an empty stretch), is four years behind schedule, and still lacks necessary land.

The list of failures goes on and on, and includes a dearth of investors. And then there’s the estimate of the company who got the first bid on the project. It says that the line will almost certainly not be self-sustaining.

“The question now,” Postrel concludes, “is when they’ll have the guts to pull the plug.”

Corruption, hope without realism, business as usual — all these are revealed in the project. And wasn’t the second season of True Detective about this? Let’s hope this real-​world fiasco ends with less bloodshed.

Californians have already lost enough in treasure!

This is Common Sense. I’m Paul Jacob.


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California, high speed, rail, boondoggle, waste, illustration

 

Categories
too much government

Buck-​Stop Bus Stop

A million dollars here, a million there, and pretty soon you’re talking about a real bus stop.

At least, that’s the sticker shock in Arlington County, Virginia, just minutes south of our nation’s capital; a bus stop costs a million bucks.

“Is it made of gold?” asked one commuter.

Others called it “ridiculous,” an “outrage,” and suggested someone get “their butt canned.”

Let us properly note, however, that local transportation officials have unequivocally pronounced this state-​of-​the-​art bus stop “an investment in infrastructure to support the [Columbia] Pike’s renewal.” According to Washington Post reporting, “New and densely developed housing is expected to be built in the next 20 years,” along the highway — not to mention a planned streetcar with a $250 million price-tag.

Think Arlington taxpayers are lazy and wasteful? Well, 80 percent of the money for the bling bus stops came from state and federal taxpayers. And county officials are hoping federal taxpayers will fork over 30 percent of the streetcar project, too.

There are so many exasperating elements to this fiasco that it’d be easy to callously ignore the fact that the million-​dollar-​bus-​stop-​shelter, as County Board member Libby Garvey put it, “doesn’t seem to be a shelter.” Calling it “pretty,” she added, “but I was struck by the fact that if it’s pouring rain, I’m going to get wet, and if it’s cold, the wind is going to be blowing on me.”

If you don’t like wasting a million dollars on a shelter that doesn’t provide shelter, chill out; the county is only planning to build another 24 shelters, and at a savings — only a smidgen over $900,000 each.

This is Common Sense. I’m Paul Jacob.

 

P.S. After news reports, lots of folks apparently refused to “chill out” causing Arlington County officials to abruptly suspend plans, for now, to build 24 more million-​dollar “Super Stop” bus stops. Hooray!