Comment 35088

By A Smith (anonymous) | Posted October 31, 2009 at 14:29:11

Mr. Meister >> I am however dead set against spending tax dollars on new LRT within the city especially something as huge and expensive as a line from Eastgate to University Plaza.

What you don't understand is that this new LRT line will attract 6x-7x more in tax revenue than it costs, it's a sure thing-can't lose scenario.

>> transit line that will lose money every single hour of every single day.

You have to lose money to make money. In other words, if we don't get this LRT, we may save money day to day, but we will lose money year to year, get it? You have to think long term, not just day to day.

>> Look at Burlington they have a huge swath of commercial and light industrial sites on both sides of the QEW. A lot of well paying jobs.

That's because they're closer to Toronto. Because Hamilton is farther away, we have to use lots more government spending to attract investment. Thankfully the government has our best interest at heart, unlike big business, so we can trust them to make good decisions with our money.

In fact, I would like to see even higher taxes, so that the government can take control over Hamilton's economy even more. If we allow people and businesses to decide what investments should go ahead, it will only create chaos. Hamilton does not need lots of small investments, based on making profits, we need large scale investments that help the people.

Only government truly cares for the people, so why not let them make all the economic decisions.

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