Monday, July 09, 2012

Boondoggle

http://www.indybay.org/newsitems/2012/07/09/18717198.php





Boondoggle

by Ted Rudow III, MA ( Tedr77 [at] aol.com )

Monday Jul 9th, 2012 

Conservatives will slam the first leg of California’s project as a train to nowhere. Even as California faces a $15.7 billion deficit that has grown almost 70 percent since January. Debt of the world’s ninth-biggest economy is slumping the most in three months with a June 15 deadline for lawmakers to pass a balanced spending plan looming.

On Friday, though, the Democrats in California’s state senate ignored the polls and the state’s budget problems and green-lighted $8 billion in funding for the first leg of the railroad, from Madera to Bakersfield. The term "Boondoggle" may also be used to refer to protracted government or corporate projects involving large numbers of people and usually heavy expenditure, where at some point, the key operators, having realized that the project will never work.

Ted Rudow III, MA

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