Reply #7: Ah so it would require subsidies now? [View All]

[WatsonT]

Well part of this handout from the federal government requires that the costs for maintaining such a venture will fall on the states after the initial funding is gone.

So for a state already in the red this isn't exactly a great deal. It's a handout . . . . with substantial future obligations.

If they can't afford to maintain their budgets right now how do you suppose they will manage with another few billion added on?

It's like offering to cover the downpayment on a house for a poor person, with the understanding that after that they will have to take over paying the monthly mortgage.

Seems like a nice handout, but it will ultimately be unsustainable for the person receiving this 'gift'.