Comment 65663

By A Smith (anonymous) | Posted July 06, 2011 at 16:33:36

It took us decades to build the RHVP and the world didn't end. Why not just build this damn LRT, regardless of whether or not it's the "right" investment.

Perhaps some of you LRT advocates should fill councilors on the fact that there are many cities with far higher debt than we have and yet these cities are doing quite well...

New York

Assets... $74.8B
Liabilities... $183.3B
Net assets per NYC resident... - $12,918


Nets Assets per Toronto resident... $5358


Assets... $5.1B
Liabilities... $998M
Net assets per Hamilton resident... $7799

Ask your councilors how Toronto and NYC can function quite well, even though they have borrowed much more than Hamilton has.

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