Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Richy_T
on 14/03/2014, 14:27:13 UTC
To expand more on the roads thing with a specific example: I work in a place called Cool Springs which is a rapidly growing (yay low taxes) area in middle-Tennessee. It has grown so quickly that the road structure is struggling. This year, Tennessee will spend billions of taxpayers money to upgrade the road structure to accommodate those people (including me). In the meantime, tens of thousands of people are spending a significant chunk of time sitting in traffic everyday leading to untold loss of productivity and/or leisure time and burning significant fuel doing nothing.

And yet... the growth in this area is mostly white-collar. The huge proportion of these people could probably work from home (something you would understand, Keyser). Vast amounts of time and resources could be saved. Yet there is no incentive to do so because those taxes are going to be taken and the roads built regardless. If it was laid out in front of people as a straight choice, maybe things would work out differently. Of course, maybe they wouldn't. But that's kind of the point, to let the market decide. Who knows, maybe we'd even have more roads, better roads. Maybe if you wanted to head to New York from here (or wherever you are) and you had a sufficiently equipped vehicle, you could hop on a 180mph toll road and be there in no time. The point is that the one-size-fits-all of government action leads to inefficient solutions.