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A comment on Iowa City made its buses free. traffic cleared, and so did the air. Parent comment

Re:Iowa City made its buses free. traffic cleared, and so di... by lazylizard on Sunday November 23, 2025 @11:55PM (#46030526)
on the other hand. gdp is ~200 days of work. 1 day is 0.5% gdp. 1 hour (assuming 8hr day) is 0.06% gdp. gdp/capita is nearly us$90k. 1hr of work is >us$5k!

it might be more cost effective to expand public transport to transport every singaporean to where he/she needs to be on time, than to make them wait..

[ Parent | on HN ]
Re:Iowa City made its buses free. traffic cleared, and so di... by eru on Monday November 24, 2025 @02:03AM (#46031158)
> 1hr of work is >us$5k!

Not all GDP is created by work. See https://fred.stlouisfed.org/series/LABSHPSGA156NRUG to learn that our labour share of GDP is roughly 50%.

And, of course, the average hides a lot of information about the distribution.

Though even given all the caveats, your numbers still seem wrong to me. 90kUSD / 200 / 8 ~ 57 USD, not 5kUSD.

[ Parent | on HN ]
Re:Iowa City made its buses free. traffic cleared, and so di... by amluto on Monday November 24, 2025 @10:46AM (#46035353)
I’m guessing the comment you replied to confused 0.06% with 0.06.
[ Parent | on HN ]