The bridge to somewhere, maybe an apology? Now that the Interstate 35W bridge replacement has spanned the mighty Miss and is on track to be safely completed at least two months, if not more, ahead of schedule, will the opportunistic politicians and Aesop-like losing bidders who railed against then Transportation Commissioner Carol Molnau and Gov. Tim Pawlenty for taking the higher bid from Colorado, of all places, apologize for being wrong about awarding the contract to Flatiron?
How many billions of dollars will be saved in the long run in productivity by shortened commuting/transport time, less gas/diesel burned and a return of normalcy to local businesses in Marcy-Holmes, Seven Corners and Northeast that survived the closure along with increased revenue.
In the private sector, sometimes to hire the best, you have to pay for the best. In this case, foresight by Gov. Pawlenty and Commissioner Molnau was 20/20.
Thank you, Flatiron crew, Gov. Pawlenty and Lt. Gov Molnau.
JAY MASTRUD, MINNEAPOLIS
Good times, and Congress' influence A July 5 letter claimed that in recent years there has been positive correlation between Republican control of Congress and economic prosperity, and a negative correlation with control by Democrats.
The fact is that recent Republican administrations, supported by Congress, have indulged in deficit spending -- which has helped support the economy but at the expense of huge increases in the national debt, with no apparent likelihood of long-term corrective measures. When this was acknowledged under the first President Bush, and then under President Bill Clinton, thanks in part to advice from Fed Chairman Alan Greenspan, taxes were raised to correct the situation and prosperity emerged along with budget surpluses. Sadly, under the current administration, this came to an end.
The economy did do all right for a while, supported by a housing sector stimulated in part by very low interest rates. This, of course, has come to an end, with no new stimulus to compensate for the now-reversed housing boom.