re: Cancellation of Mid-Barataria Diversion project could cost Louisiana at least $700 million

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“That’s a billion dollars, or $700 million, or whatever, right there, without the economic benefit of the project happening,” said state Sen. Gary Carter Jr., D-Algiers.

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You can only laugh at a statement like this. This is a prefect example of why capitalism is king. The government is the worst handlers of capital you could possibly conjur up. Guy who doesn't know anything about capital allocation flaming others who are incompetent in capital allocation. The taxpayer loses.