From: bugo on 30 Jul 2010 02:14 "Dave Head" <rally2xs(a)att.net> wrote in message news:rkq456dn9as4rc5e9g9l3610veda6smh2c(a)4ax.com... > On Thu, 29 Jul 2010 05:14:42 -0700 (PDT), Larry G > <gross.larry(a)gmail.com> wrote: > >>On Jul 28, 8:31 pm, Dave Head <rally...(a)att.net> wrote: >>> On Wed, 28 Jul 2010 05:04:44 -0700 (PDT), Larry G >>> >>> <gross.la...(a)gmail.com> wrote: >>> >"productivity" ...believe it or not .. includes re-building homes >>> >after a hurricane... >>> >>> Sure. >>> >>> >or putting in a new highway that is a convenience >>> >but not a necessity... >>> >>> If the cost-benefit analysis indicates that the highway will result in >>> less overall cost to the public by building it rather than not >>> building it, then it will be built. The "convenience" of driving 12 >>> less miles to get somewhere is translatable into saved gasoline, saved >>> maintenance on cars, saved tire wear, and saved time. If its worth >>> it, then the road gets built. >> >>that's not how they typically do cost-benefit though. and when you run >>the same numbers for the same road but tolled - the demand changes. >>In other words, when it's directly user-pays the numbers change from a >>(perceived) free road. >>> >>> >and producing thousands of useless military >>> >items that got upgraded and no longer used. >>> >>> Yeah, they're useless, until you or someone you care about is riding >>> down a foreign highway noted for IEDs in a big, heavy MRAP that will >>> take a decent hit, as opposed to a Humvee that will get you or your >>> significant other killed in a much lesser explosion. >> >>I'm talking about the millions of other items that are replaced by >>newer, updated items that then get sold for pennies on the dollar at >>surplus auctions. > > What do you expect? Its obsolete. World's best military is a > competitive thing - its like trying to win Formula 1 - its expensive. But wasting money is just wasteful. Remember those $640 toilet seats? |