Birdwatch Note Rating
2023-11-19 08:38:03 UTC - HELPFUL
Rated by Participant: F4968818854B4DDB2D22A875D7B97FBF40C7F99E537381BB2D5FC8AE61A2BD4E
Participant Details
Original Note:
HS2 spending was a one time CapEx spend while road maintenance is ongoing OpEx spending. This is like choosing to not buy a house and then borrowing the same money to spend on rent instead. Comforting in the short term but once the money is gone you’ve nothing to show for it. https://www.investopedia.com/ask/answers/112814/whats-difference-between-capital-expenditures-capex-and-operational-expenditures-opex.asp#:~:text=Capital%20expenditures%20are%20a%20company's,%2C%20utilities%2C%20and%20property%20taxes.
All Note Details