Quote Originally Posted by Rjk View Post
The main problem with the M4 scheme is the payback. I think it cost more than 1bn (which probably means 2 or 3) and doing it would add 20-30 million a year to the economy.

given that 1bn is basically our entire budget for infrastructure spending, we are never going to tie that up for 30 odd years until the m4 relief road pays for itself
we are always told by the left (Labour) that the right (Conservatives) know the cost of everything and the value of nothing, yet here you are advocating the very same approach. What about lowering pollution, or increasing personal utility and happiness instead of being stuck in traffic jams - don't they count?

The fact is the Welsh Government shied away from investing in something which requires significant investment, citing payback is just not a reasonable excuse. Payback over 30 years is not unheard of for large capital projects. The SSC required payback over 25 years or so, perhaps we shouldn't have built that as it only shaves ten minutes of journey times.

We don't have politicians that are prepared to make bold decisions, until we do then independence is pure fantasy