Elect an Engineer for Mayor!
Panos Prevedouros |
by Panos Prevedouros
Candidate for nonpartisan office of mayor of Honolulu
Yesterday the Star Advertiser published a very informative article by Sean Hao titled Repairs Tab May Top $32 Billion. Let's just add the Rail in the mix along with its generous cost overruns, for a round and even $40 Billion Dollars of infrastructure debt. NOT!
Politicians cannot prioritize this colossal list of projects and can never do them right. We need to limit our infrastructure fixes to those we need and afford. We are only about one million people. $32 billion to $40 billion means that everyone owes $32,000 to $40,000 of State and City government debt. Plus interest.
That's over $150,000 for a family of four. That's crazy!
Elect an engineer to control the costs and ensure proper planning and priorities for our City.
Read the article:
Honolulu Star Advertiser
Repairs tab may top $32B
Past spending decisions and priorities led to the list, economists say, and it is mostly necessities
by Sean Hao
Monday, July 26, 2010
Hawaii taxpayers are on the hook for billions of dollars in construction projects over the next few decades, ranging from sewer upgrades to undersea power cables.
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