Friday, April 13, 2012

http://www.nytimes.com/2012/04/13/opinion/krugman-cannibalize-the-future.html?_r=1



And you can see it in the actions of Chris Christie, the governor of New Jersey, who talks loudly about acting responsibly but may actually be the least responsible governor the state has ever had.

 Mr. Christie’s big move — the one that will define his record — was his unilateral decision back in 2010 to cancel work that was already under way on a new rail tunnel linking New Jersey with New York. At the time, Mr. Christie claimed that he was just being fiscally responsible, while critics said that he had canceled the project just so he could raid it for funds.

Now the independent Government Accountability Office has weighed in with a report on the controversy, and it confirms everything the critics were saying.

Much press coverage of the new report focuses, understandably, on the evidence that Mr. Christie made false statements about the tunnel’s financing and cost. The governor asserted that the projected costs were rising sharply; the report tells us that this simply wasn’t true. The governor claimed that New Jersey was being asked to pay for 70 percent of a project that would shower benefits on residents of New York; in fact, the bulk of the financing would have come either from the federal government or from the Port Authority of New York and New Jersey, which collects revenue from residents of both states.

But while it’s important to document Mr. Christie’s mendacity, it’s even more important to understand the utter folly of his decision. The new report drives home just how necessary, and very much overdue, the tunnel project was and is. Demand for public transit is rising across America, reflecting both population growth and shifting preferences in an era of high gas prices. Yet New Jersey is linked to New York by just two single-track tunnels built a century ago — tunnels that run at 100 percent of capacity during peak hours. How could this situation not call for new investment?

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