Mike Hollihan pretty much sums up my feelings about the Madison Avenue trolley light rail line, a taxpayers’ boondoggle to end all boondoggles and a classic example of GNDN. Of course, the worst—a $400 million extension to the airport, with $100 million to come from both state and local government (and $200 million from Uncle Sam via your federal 18.4¢/gal gasoline tax)—is yet to come.

There is one bit, though, that I disagree with Mike on: he says the project is “a windfall for road builders.” Considering that the $100 million the state could kick in would match $400 million of federal money for a highway project (rather than $200 million for light rail), any sensible roadbuilder would favor building a highway. At $10 million per mile, the going rate for a rural Interstate highway, $500 million would build most of I-69 between Memphis and Dyersburg—and leave Memphis and Shelby County with $100 million in capital improvement funds for something else, like pretty much every road project on the Memphis/Shelby County long-range transportation plan. And, of course, the road-builders are getting their cash either way.