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Re: Amtrak curviest streches

Posted by Bill West on Tue Jun 30 15:26:31 2015, in response to Re: Amtrak curviest streches, posted by Jersey Mike on Tue Jun 30 14:01:18 2015.

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The judge of the value of social gain is the individual people. If they won't voluntarily put their money where their mouth is then political meddlers should butt out. Nobody is entitled to take on a messiah complex over other people's spending priorities.

You will note that I don't advocate which direction transport supporters should go with their own money, just that if they want to be left free then refrain from interfering with the directions others choose. In a user pay of the real cost, if others are mistaken they alone will get hit with that cost.

The problems with pseudo money like social gain are:
-the value gets claimed by multiple users leading to cost/benefit calculations that wouldn't balance if they had to be traced to real money. IE the airline, taxi, hotel, restaurant and stadium interests each claim full credit for the same one million that a sports event brings to town.
-the cash bill the public sees for a service is low leading them to order more of it than it is worth to them. This leads to faulty decisions such adding more transit in a city when all it does is increase the density and decrease the quality and economics of living there. Or trying to add long distance rail passenger service when for a long time its real train and track costs have become greater than the real costs of a plane and airport.

Bill

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