Earlier quoted context omitted.
Woah, I'm not from America, but that seems really wrong. More taxes and bigger government does not create any sort of extra benefit for the poor - the extra taxes will simply go to creating more levels of indirection and inflated prices in existing government. Why do you think anything with a government stamp is automatically 10x the price? It's not because of people wanting smaller government. Smaller government is…
> Why do you think anything with a government stamp is automatically 10x the price? In general, yes. But not in the best run governments---Singapore comes to mind. (But even Europe isn't quite as bad as the US. American public procurement---especially for infrastructure projects---is truly hideous and expensive by global standards.) The Swiss seem a good model if you are looking for how localized government can work.
I don't understand why that is. We paid ten billion dollars to replace the SF Bay Bridge, and it took forever. Now we're going to spend seventy billion for a train that goes from nowhere to nowhere, and very little is actually going toward construction itself.
Is it the cumulative effect of regulations, or the price of labor, or corruption? Something else?