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By kevlahan (registered) | Posted August 24, 2012 at 11:18:54 in reply to Comment 80034
That's where the net benefit case analysis comes in: the taxpayers get more back in terms of increased economic activity and social benefits than they invest.
The argument is precisely that investing in LRT is "the most economical way possible", because it leverages in existing infrastructure investments. An example of non-economical investment would be the Aerotropolis or greenfield sprawl.
If you are really against spending lots of money on transport infrastructure, we should immediately stop building and maintaining our roads and highways, stop upgrades to airports. We are spending billions of dollars right now on these things, but I would argue we are not getting a good return on investment (negative return for investment in new roads and utilities for sprawl, in fact).
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