30.3.17

TODAY'S TRENCHANT OBSERVATION.

It comes from a Strong Towns post on Facebook recommending an article suggesting infrastructure people rethink the methods of financing the public roads.
Policy discussions on transportation funding always assume that the demand is there and all we really need to do is find a consensus way to meet it (tax, borrow, spend). What if that assumption is not true? It's not.

What if we gave everyone lobster and steak and only asked them to pay for hamburger? Would we then assume an insatiable demand for lobster and steak? Of course not.

Without a direct pricing mechanism, transportation demand forecasting is a joke. Voters will always demand more than they are willing to pay for. Always. That's not greed or selfishness; it's human nature. We need a system that compensates for human nature, not exploits it.
The generalizations are straightforward.

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