More bad news from the Large Hadron Collider.
Repairing the damage from the electrical failure earlier this year will run to $21 million, according to the European Organization for Nuclear Research (AP). The original cost estimate for the repair was around $80,000, not including labour and the spares.
In addition, the particle collider will not be up and running before June. Previously it was suggested the particles could be whizzing round the ring by April (AFP).
“There is still a lot of work to do and we want to be sure that everything is in order before starting up,” says spokesman James Gillies (AFP / AP). “If we can do it sooner, all well and good. But I think we can do it realistically (in) early summer.”
Can you believe this garbage? This project originally cost the world economy about 10 billion dollars, an astronomical sum to say the least, and it isn't even getting close to accomplishing its mission. What a waste! This illustrates perfectly the problems of socialism -- that the central planners will tend not to choose projects that actually produce new goods and services efficiently because there is no adequate way to count the costs.