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@Oboe; an externality analysis might be helpful here.

Or an another (dated) example, the constant tearing up of DC streets in the late 90s to lay competing fiber cables.

@fallschurch; I think the point isn't about western civilization. The biggest waste in the US isnt' misspent goverment fund -- it is too many governments. We're lucky in DC to have pretty large entities (DC, Ffx, MoCo and PG county) although that anomaly called falls church should be merged into something.

Smaller entities just can't service debt as well.

by charlie on Jan 3, 2012 10:50 am • link • report

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