June 16, 2006
A lot of people don't understand. They think that they pay the toll, and it finances 100 percent of the project. The real trick to what weÂ’re doing is finding that other 25 percent we need to make the project work.
Yes, that's right, David Joyner, political appointee and power monger, actually admitted what the government is loathe to tell you -- toll roads cost money.
Many people think that the toll road pays for itself. Others, like myself, think that it indeed SHOULD. But if that were the case, there would be more freedom and less control by government, so we can't have that. In this case, they claim they need $800 million to build a new road -- which means it will cost, on average for NC government projects, about $1.2 - $1.5 billion. The new tolls would supposedly raise $600 million.
Of course, one important item left out -- how long will it take to make the $600 million? And once the $600 million is raised, don't hold your breath waiting for the toll to disappear -- and no, it's not because the money will be used for repairs, it's just another revenue stream to the government.
Toll roads are a good idea in concept but an absolutely horrible black hole of an idea when implemented by the North Carolina government who can't even come close to maintaining the roads they have now.
Posted by: Ogre at
11:04 AM
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