Eh. I disagree.
The fault was that it was believed that the project *could* get the funding through playing politics. The son of a member of Congress, with no previous project management experience, as project manager, the mayor cozying up to the president, the belief they could use those connections to gloss over the obvious economic development component in the effort to get funding as a flood control project. The whole approach was wrong, wrong, wrong.
If you look at the infrastructure bill currently proposed, it is all about providing the means for economic development. The project leaders should be seeing what it takes to get in on that funding, take what they can get, then go and secure funding from other sources, possibly from the state, the county, the city, AND from business interests who stand to benefit from the project. I think it can be done, but don't think that nepotism, politics and graft will get it fully funded.
They should hire a city planner who's done bicycle paths. If they can get those funded, they can get anything funded.