On Jun 15, 10:54*pm, E27002 wrote:
On Jun 15, 2:45*pm, Andy wrote:





On Jun 15, 10:35*pm, E27002 wrote:

On Jun 15, 2:21*pm, Andy wrote:

On Jun 15, 10:10*pm, E27002 wrote:

On Jun 15, 1:36*pm, Roland Perry wrote: In message
, at
13:11:10 on Tue, 15 Jun 2010, Andy remarked:

Well, as Crossrail isn't due to open until 2017 even without delays;
it's most likely that the economy will have sufficiently recovered to

.. have collapsed again. A very silly man said he'd put an end to boom
and bust, but he may just as well have said he'd put an end to
moonlight.

use the capacity that will be provided.

Indeed so. *Economic Activity will ebb flow by its very nature.
Politicians can tweak, and ameliorate, but not change. *One may as
well sit by the sea at Bosham and tell the tide to reverse.

And the underlying trend is still that more capacity will be needed;
so to say that it would be OK to delay completion for longer than the
seven years already planned is not a good idea. Unless, of course, you
can predict better than politicians or economists where we will be in
the economic cycle once the line opens.

:-) I make no such claim.

Well, you did claim

"Crossrail would not come into its own until there is a complete
economic recovery. *That is likely to be some
years away."

Crossrail is already needed to relieve the eastern end of the Central
line, recession or not.

I did not know that was the case. *In previous recessions the crush on
the TfL Central Line has eased. *Either way, I am a firm believer in
Crossrail, and Thameslink n000, and Chelsea to Hackney, etc., etc.


I think that the passenger numbers (not just on the Central line) have
shown a much smaller drop, if any, than in previous recessions.

As regards the current recession: I do not know when it will end.
However, the underlying issues, tight credit etc. are not easing.
Based on earlier recessions I think this one has to run its course.

According to the numbers, the recession has already ended, but the
deficit still has some way to go