Mass Transit
From iGeek
If an idea has to be subsidized, it's probably not a good (economically viable) idea that will offer mass benefit.
~ Aristotle Sabouni
Created: 2020-05-29 |
While Mass Transit sounds good in concept, when you look at how much money they lose, and thus have to take from taxpayers to exist, they are disasters.
Examples[edit | edit source]
- Carpool lanes - These monstrosities cost California $2.5B+, a 20% capacity loss, increased pollution, decreased carpooling, and increased injuries 50%+ (frequency and severity). It turns out a high speed lane right next to a parking lot increases accidents and injury on entry/exit, and not allowing drivers to use the entire road only decreases traffic flow from optimum.
- Light Rail - In the real world Light Rail doesn't work: it costs more, increases fares, does less, increases total travel time, reduces rider overall and from other services, slows other traffic, increases pollution, and thus supporting them is anti-environment, anti-economics and anti-science. But cities promise they'll make up those losses in volume. They never do.
- Roads and Infrastructure - Some think Nordic countries such as Sweden and Finland as socialist due to their extensive welfare system, yet they're have lower business taxes, and the vast majority of roads in Sweden and Finland are operated by the private sector and maintained by local communities. It costs less, works better, like was the case in the U.S. before FDR got the Fed involved.
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Tags: TBD Unintended Consequences Libertarian
