Re:Elon Musk doesn't understand geometry
by enraged_camel on Thursday July 06, 2023 @04:40PM
(#36622630)
What do you mean? Can you give examples?
Suppose you want to force people to drive less — you increase gas prices with a tax.
Citing this extra tax, some lawmaker spends money on something completely irrelevant that was lobbied to them. Public transport is a fairly distant concern for most of them.
Oil companies increase crude prices to get on the gravy train, so does every other entity in the industry.
Car dealerships jack up prices because they want to maintain their profit levels.
Meanwhile middle class people who rely on cars get effed.
In practice, this means someone pockets the change and nothing gets done about the so called externalities.