Ezra Klein, and all his blogging flunkies have been on an extended rant regarding the necessity of the upcoming transportation bill. Among the things that's most annoyed me in what's been said is this:
the gas tax is no longer sufficient to fund the needed transportation investments and so it either needs to be raised or supplementedNeed is the big wrong think. Anybody using "need" in their thinking is likely to be 100% confused. It's all
Take 3 factors:
- Other things you could do with the $ or time
After you've hit all 3 factors...you can talk about which things you would prefer to do. If you talk need...you're just nuts. Need talk is an attempt to short-circuit rational behavior, and focus entirely on benefit, and ignore both cost, and opportunity cost.