1,198 — Failed Government Projects

If you think building a new sports stadium is a great way for your city to make more money, think again. This episode explains what can go wrong.
Slow dialog: 1:22
Explanations: 3:00
Fast dialog: 16:42
Mariana: How long do you think it will be before the stadium is finished?
Klaus: Don’t hold your breath. The plan for the stadium is fundamentally flawed, but the government rammed it down the throats of the voters.
Mariana: Do you really think the project is doomed?
Klaus: Haven’t you heard the reports of corruption and poor management? They’re cutting corners left and right. I wouldn’t be surprised if the stadium is being built with shoddy materials.
Mariana: Then the entire thing is a joke!
Klaus: Yes, and the joke is on us. Government officials are going through the motions, not caring about the results. All they care about is lining their pockets.
Mariana: I have heard about the cost overruns. Do you think the city will ever recoup the money spent on this project?
Klaus: Maybe a little, if we can sell the entire thing as scrap metal!
Script by Dr. Lucy Tse