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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: KyrosL who wrote (70998)1/9/2009 7:49:05 PM
From: Maurice Winn1 Recommendation  Read Replies (1) of 74559
 
Kyros, there are valuable roads and there are bridges to nowhere. Roads which are heavily used are good to have, roads which are boondoggles are not.

Saudi Arabia built roads out into nowhere in the desert [so rumour has it anyway]. Just because something can be done, doesn't mean it's a good thing to do.

How you got this from what I wrote is hard to understand: <
So you think all the roads and bridges and ports and other infrastructure are useless.
>

No, I find airports, roads, bridges, water supplies, ports, sewerage, telephones, electricity supplies, radio frequency, satellites, hospitals, schools and other infrastructure very useful.

They would be made even more useful if users were charged according to usage of the infrastructure, meaning when empty, charge nothing or almost nothing and when congested charge heaps to stop more people getting onto the system.

That doesn't mean any old spending on any stupid idea somebody comes up with in a make-work project is a good thing.

Mqurice
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