Slightly to the Right in New Jersey

Conservative comments on New Jersey

Governor Stupidhead’s Pit

The executive director of NJ Transit, Richard F. Sarles, wrote a rebuttal in NJ Voices (NJvoices.com) to an opinion about the Mass Transit Tunnel (MTT), which I now refer to as Governor Stupidhead’s Pit.  In the rebuttal, Sarles talks about how the new tunnel will benefit commuters, another way of saying that the real winner here is New York City.  But, one good thing came out of this, and that is his mentioning of 6,000 construction and related jobs, and a drop in air pollution by taking 22,000 cars off the highways.  This confirmation of these numbers can now lead to a crunching of these numbers and figuring out just what this will cost us.

In industry, it is typical to buy capital improvements with an outlook to getting the total return on investment within 18 months.  The price of this tunnel is calculated to be 9 billion dollars.  If we take the elimination of 22,ooo cars as realistic, it will cost $410,000 to remove each car.  Let’s say for this argument we figure each car has four passengers who will now take the train.  So it will cost $102,500 to for each new passenger who will use this tunnel.  If we assume that each passenger will go to work 250 days per year, then in 18 months he/she will have made 375 round trips.  In order to get an 18 month return on investment, each round trip will have to cost $273.00.  I don’t think anyone is going to pay that price.  Now, lets say the cost of a round trip is $27.00 per, it will take 15 years to pay for the tunnel.  Some might say that is a good deal, but just remember, all of the fare would have to go towards paying for the tunnel, what about the cost of the train?  From my viewpoint, this investment is not that good, and will result in the taxpayers of New Jersey having to subsidise this venture.

Sarles also writes about the jobs that will be created in the construction of this tunnel.  Let’s see how much each job will cost.  As I wrote before, they figure that 6,000 jobs will be created.  If we divide 6,000 into 9 billion dollars, the cost for each job will be $1.5 million.  Now, I don’t know where you come from, but where I come from, that is no bargain at all.

Once again, we do not need this tunnel!  It will only benefit New York City.  The cost of the tunnel can never be recouped, but will have to be subsidised by the taxpayers of New Jersey.  And the idea of creating jobs at $1.5 million per job is just plain stupid!  Why not take the money that New Jersey is suppose to contribute ($3 billion) and spend it to benefit the citizens of New Jersey?

To Richard R. Sarles, Governor Stupidhead, and the other idiots who are trying to force this tunnel down are throats, it is just a plain stupid idea, plus don’t ever forget, “IT’S TAXES, STUPID!”

Advertisements

February 7, 2009 Posted by | Budget, Corzine, Debt, democrats, Hudson River Tunnel, Liberals, New Jersey, Republicans, Stupid, Tolls | , , , , , , , , , , | Leave a comment

The Hudson River Railroad Tunnel

Thursday, it was announced that the federal government had approved giving $3 billion in federal funding to build the new Hudson River Railroad Tunnel.  Here is the link to the full story as reported in the Star Ledger:

http://www.nj.com/starledger/stories/index.ssf?/base/news-12/1231997169199520.xml&coll=1

It took me awhile to think about this, since some of the claims made did not make any sense, in light of the information that I had posted a few days ago.  At that time, the claim was made that 4,000 jobs would be created for the $8.7 billion that would be spent on this Choo-Choo tunnel.  If you did the math, each job would be created for $2,175,000.00 per job, or $310,000.00 per year over the seven year period estimated that the construction would take. Now, the claim is made that this project will create 40,000 to 50,000 jobs!  Well, lets do the math again.  If we can get 50,000 jobs, that would be $174,000.00 per job, or $24,857.00 per year of the project.  Now, that sounds great except for the fact that no construction worker in New Jersey would do the job for about 25 thousand a year.  so it seems that the 40,000 to 50,000 is just not a real figure on job creation.  Also, think about this, 50,000 is about the same amount of people who would fill Giants stadium.  Where are all of these people going to be working around this tunnel?

Another selling point being used to justify this project is the premise that 22,000 cars will be removed from the road because the drivers (and passengers) will start taking the train to work in New York City and spend their money there.  Well, if we divide 22,000 into $8.7 billion it will cost $395,455.00 per car to remove them from the roads leading to New York City.  That does not seem to be a good investment to me!  If this number is right, lets do another calculation.  If each car has one driver and three passengers, that would be four new passengers for the Choo-Choo Tunnel.  This would be about $100,000.00 per passenger cost.  Now, if the average Choo-Choo train fare was $10.00 round trip, and each person used the train 250 times per year, it would take 40 years to just obtain the fares to pay for the tunnel alone!

Give me a break, this whole Choo-Choo train tunnel idea is just one large pork-barrel project to appease the union construction workers and pay for play construction companies!  Plus, the $8.7 billion is what they want to borrow for these projects.  It does not include the interest that will have to be paid for the bonds that will be needed to actually get their hands on the money needed for this project.  Why not keep the New Jersey money, about $3 billion, and spend it to make New Jersey a more favorable place for companies to locate and create jobs here?

To Governor Stupidhead, our lunatic Senators and all of the other idiots in Washington D.C. and Trenton, “IT’S TAXES, STUPID!”

January 17, 2009 Posted by | Borrowing, Budget, Congress, Corruption, Corzine, Crooks, Debt, democrats, Gas Tax, Hudson River Tunnel, Liberals, New Jersey, Recession, Republicans, Shore, Taxes, Tolls | , , , , , , , , , , , , , , , , , | Leave a comment

How much for that job!

Hi kids!  Remember how we use to talk about the Abbott Districts and the stupidity of that spending?  Well, we now have one that makes that program almost look good!  Do you know what it is called?  Well, it is the plan to build another railroad tunnel under the Hudson River.  Of course that does not sound cool, so let’s think up another name for it, how about “The Governor Stupidhead hole in the ground to throw taxpayers money into”!  I know, it is a little long, and if someone has a better name, please get back to me with it.  Until then, let’s call it for short, “Stupidhead’s Pit”.

Now many of you have read about the jobs that will be created by this project, right?  A number that has been thrown out is 6,000 jobs!  Wow, that sure sounds like a lot of jobs!  But let’s remember something, this tunnel is suppose to cost 8.7 billion dollars.  Now if you went to an Abbott district school, we will forgive you if you cannot do this math, but if you divide 6,000 into 8.7 billion dollars, you will know that each job will cost $1,450,000.00!  I know that union construction workers are expensive, but for this job, they must be hiring from Tony Soprano’s workhall.

Is this something that we can really afford in New Jersey?  Why should we be spending this money just to make it easier for people to get to New York City and make their economy stronger?  If we need another method of mass transportation under the Hudson River, just convert the third tube of the Lincoln Tunnel into a light rail line and run it to the 41st street bus terminal, but let’s get this idea of this tunnel off the table, and replace it with business tax cuts that will generate real wealth, and stop the rape of the taxpayer in New Jersey!

To Governor Stupidhead and the other idiots in Trenton, the clock is ticking so line up your next jobs now, because we are taking the capital back in November and returning back to the citizens of New Jersey.  Until then though, just remember, IT’S TAXES, STUPID!”

January 13, 2009 Posted by | Borrowing, Corruption, Corzine, Crooks, Debt, democrats, Gas Tax, Hudson River Tunnel, Liberals, New Jersey, Republicans, Taxes, Tolls | , , , , , , , , , , , | Leave a comment