Climber
Well-known member
Yes, a poor example, governments have been choosing to kick the can down the road on many infrastructure projects, and there are going to be major ramifications in many places, eventually. I think that it's like musical chairs, they just figure that somebody else won't have a seat when the music stops.Governments have been known to do the same. Magalia Reservoir has been dropped permanently about 25 ft since 1996 due to its need for seismic retrofitting and nobody wanting to pay for it.
A group of people brought to the attention of the federal energy regulatory commission in 2005 concerns over the emergency spillway at Oroville Dam. The fix was supposed to be $100M which was ruled unnecessary and too costly. That eventually led to the poor outcome from the crisis there in 2017 which has cost over $1B in repairs.
As to government decisions vs corporate decisions, ones made for budgetary issues, the other is made for profit margins. And all too often, the ones deciding on profit margins stick the public with bailing them out when things go south, after years of pocketing the profits.
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