If we went through life disregarding government expenditures that only amount to $2 (your calculation, not mine) to our pockets, we'd end up perhaps in worst fiscal shape than we are already in. The state is projecting hundreds of millions of dollars in deficit next fiscal year - every million counts. The overall Mittersill project, beside the lift, is running $3-$4 million this fiscal year..
If you were really concerned with the NH government's expenditures, you wouldn't have the time to consider the taxation/budget affect from not nickel and dime-ing the Mittersil chairlift. I can think of plenty uses of funds in the Seacoast that were more expensive than the entire Mittersil project (not just the marginal effect of not being as cheap as you deem possible). I'm not going to get into specifics, because this forum is not about politics, and I want to respect that. The point is- there are plenty of bigger budget projects completed within the last 1-2 years that are more worth your whining. I'm pretty convinced you know this isn't remotely close to the biggest budget blunder in recent past, but you've got the knowledge to show that the state could have saved $.03 per person here, or .$07 there IF your suggested alternatives would even work... The other alternative is that you're too dense to figure it out.
By the way, I really do like your newenglandskihistory page. You have the potential to make valuable contributions to this, and other boards that you're on. All too often, however, you decide to play "arm chair tough guy" to use your expression, behind your computer. It's really foolish, and as far as I can tell, only one contributor to this forum buys a word of your opinions on the Mittersill project. You might not care because you're conducting yourself in this manner anonymously via internet, but you really make yourself look bad.