Tuesday, August 25, 2009
WHY BRITISH PUBLIC POLICY PROJECTS COST 13 TIMES MORE THAN THEY SHOULD
Edinburgh's trams should be not more than £105 million instead of £600m & counting
Forth Bridge costed at £4.2 bn, previous one was at £320 million inflation adjusted, a tunnel would cost £40 m
Crossrail at £16 bn should be £1.3 bn
Glasgow Airport rail link now at £300 million when we could have a monorail at £20 million.
Millenium Dome was £46 million to build & £670 million after the paperwork was finished.
The damage Health & Safety & similar regulations do.
And why we simply can't build as technologically advanced buildings as they do in China.
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I've always been told that inflation was the result of an expansion in the money supply. But what if the 3% inflation we experience every year is a result of increasing government regulation?
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: August 25, 2009
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