Next time you get a 24-hour visa to visit Wegmans or the particleboard home of a friend who "graduated" to Loudoun County, be sure to ask the local citzenry what keeps them up at night. "Well, the value of our particleboard home has fallen at least 30 percent since the peak of the housing boom, and traffic to DC is terrible and my husband might be losing his job
strapping bombs to dolphins with a government contractor because of budget cuts, which will lead to foreclosure proceedings against said particleboard home, just like the other 12 identical particleboard homes for sale by lenders in our neighborhood, but what really upsets me is that a Project Labor Agreement will provide an undue scoring advantage during a competitive bidding process for a public works project that will give one massive construction firm an unfair advantage over another massive construction firm, and that's why we elected our local board of supervisors to focus on a national policy issue promulgated by right-wing think tanks instead of local needs" will be the invariable answer. But now that all parties involved in the Silver Line fiasco have been taken to the woodshed and this issue is likely to be taken off the table, what other excuses will Loudoun's leadership have to turn down a project that will bring $25 billion in benefits to their county?
The cost of Metrorail’s extension into Loudoun County in relation to the payoff are minuscule, and no one is making a defensible argument for the benefit not being there, Dr. Stephen Fuller, director of George Mason University’s Center for Regional Analysis, said in an interview Monday.Yeah, but has he heard the things that Loudoun lawmakers have been saying?
Fuller, an economist and author of more than 500 articles, papers and reports in the field of urban and regional economic development, released “The Impact of Metrorail on Loudoun County’s Economic Future,” a 14-page report that concludes the county will miss out on $25.6 billion in gross product by 2040 if Metrorail service isn’t extended to the Dulles Airport, Route 772 and Route 606.
“The opportunity cost of not extending Metrorail into Loudoun County can be measured in billions of dollars not earned, a perpetually weaker economic base, lower salaries and higher tax burdens for Loudoun County residents,” Fuller states in his report.
Phase 2 of the Metrorail Silver Line extension should be a “no-brainer,” Fuller said during the interview.
But Board Vice Chairman Janet S. Clarke (R-Blue Ridge), who hasn’t made up her mind about the Silver Line, worries that the rewards will come too slowly."No-brainer" doesn't quite cover it. Keep clapping, kids!
“My point is, can we afford to front the money, and for how long will we have to do so before we start to receive the income from the economic development,” Clarke said.