by Jim Berlin // CEO of Logistics Plus Inc.
I got this article off the web from Time Magazine. Interesting way to look at this. If $4+ prices DO become the norm (and we really don’t control that in the end) at least this perspective offers a silver lining.
I am founder and CEO of Logistics Plus Inc. A driving force behind the rehabilitation of Erie’s historic Union Station, Logistics Plus Inc. has spawned a wave of development in Erie’s center city. I will be blogging primarily about the progress and development in and around Union Station.
Ron
July 3rd, 2008 at 12:29 pm
I read that earlier this morning - While some of the points are good, I have to quote a comment about it. “It’s like getting your legs cut off, and then saying how great it is that you don’t have to buy shoes”.
john morris
July 3rd, 2008 at 4:20 pm
I think be are really at a tipping point. The federal government has something close to 70 trillion in liabilies and the state ad local governments have many trillions more. It’s hard to define and quautify where all the money has been poured but a lot of it represents the promise to maintain a massive auto based infrastructure at taxpayer expense. The chances of funding the new infrastructure investments needed to adapt while keeping this corpse alive is unrealistic. Sadly, we or more correctly, the government bet the farm on the wrong horse and the faster we see that the better.
A good chunk of the original rail based infrastructure paid for itself and was built and run by private companies and the transit system of Hong Kong is run by a highly profitable firm that also acts as a property developer.
john morris
July 3rd, 2008 at 4:29 pm
My 70 trillion number might be an exageration but I think it’s always safe to round up.
http://www.azcentral.com/news/articles/2008/05/19/20080519redink0519.html