▲ | danans 4 days ago | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
> It's not just water where the UK has a problem with this. Transport for London has also been forced to underprice its services for years by London's socialist mayor In the US we have a problem with fantastically underpricing public roads. We don't expect their books to break even, much less generate a profit. Meanwhile everyone asks why train systems are not profitable. > The US is a very right wing country. Yeah, at least compared with most of Europe. > It's politicians are better able to avoid populist price controls. You didn't notice when the current president (somewhat successfully) bullied retailers into swallowing tariff-caused price increases, so they wouldn't damage his popularity? That almost seems right-wing socialist. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
▲ | qcnguy 4 days ago | parent [-] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
I don't think Trump is anyone's idea of a textbook conservative, especially not economically. He's a former democrat with populist instincts. Such politicians are often popular. It's frequently said in the UK that the median British voter is socially conservative and economically liberal. It's true that the US subsidizes its road network. The effect is somewhat different though. If TfL doesn't get enough money in due to price controls then the network just degrades. If the US subsidizes its roads, the network can be maintained using subsidies. For it to be equivalent, roads would have to be privately owned but unable to charge the true cost of maintenance. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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