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@Jim-

Pensions and OPEBs are a drain on the system, and I don't want to minimize the importance of better management. BUT I think WMATA is caught in a cycle: they don't have high-quality management in place, so we won't give them more money; but even excellent managers will need more money to run the system well.

No matter if you have Jeffrey Immelt or Jack Welsh or Warren Buffett running the system, they do need more money.

@Pretty Much Everybody Salivating Over the Map

It looks cool! But the costs of building a system like this are large. Mind boggling, shockingly large. At the margin, we do need to invest in our system. This might be going overboard.

And frankly, I'm not sure WMATA could handle the expansion. The COG-BOT report outlined chances in WMATA governance that have great potential. Rather than having our heads in the clouds, we should get behind concrete changes that will have lasting, positive effects and a realistic chance of happening in this universe. Maybe like a dedicated source of revenue from an increase in local gasoline taxes.

by WRD on Jan 23, 2011 1:11 pm • link • report

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