Sunday, March 26, 2017

Worst Spenders Ever

California's money for nothing:
The state is only somewhat below average total infrastructure spending on a per capita basis. Virtual Capitalist gave it an overall rank of 33 — but that was only because while it ranked lowest in state spending, it ranked highest in federal spending.

With California in desperate need of emergency infrastructure spending to repair its crumbling dams and flood control infrastructure, the Los Angeles Times reported that Gov. Jerry Brown submitted a $100-billion infrastructure wish list to the Trump Administration.

Although he did ask for some roads and bridges, Brown requested funds for several new rail projects.
A pipe dream is only as good as its funding...

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