DYSPEPSIA GENERATION

We have seen the future, and it sucks.

“Buy American” drives up cost of transit

17th September 2010

Read it.

Since transit is heavily subsidized by the taxpayers anyway, I guess it doesn’t really matter in the long run.

We could just give union members welfare payments directly and save all of the frictional costs of pretending to launder it through the market–but that would be too honest for our political system to cope with, I suspect.

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