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355 points pavel_lishin | 1 comments | | HN request time: 0.001s | source
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lenerdenator ◴[] No.45386816[source]
> "A new paper argues that lack of competition, demand for custom features and “Buy America” rules have driven up costs for transit agencies in the US."

If that's not the most NYC finance-centered headline ever, I don't know what is.

"If we just offload our bus-building industry to somewhere else, we could save $x on taxes each year. Yeah, it eliminates jobs and is another blow against strategically-important heavy industry, but please, think of my balance sheet!"

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namdnay ◴[] No.45386939[source]
it's not a question of "offloading" it, it's a question of reaping the benefits of global competition

Would you really be better off if you could only buy cars made by US manufacturers? Did americans really lose out when Toyota and co arrived? Would Boeing aircraft really be better if they didn't have to compete with Airbus? Or would the incumbents just get lazy?

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mschuster91 ◴[] No.45386962[source]
There's a difference between private companies and state-run companies / authorities.

When a US airline thinks it's better for them to switch over to Airbus, by all means do so, that's competition.

But taxpayer money should not be used to prop up other countries' economies unless explicitly designated that way (e.g. contributions to international agencies, economic aid), and certainly not if that replaces domestic union labor.

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1. jltsiren ◴[] No.45389702[source]
Taxpayer subsidies to domestic entities should also be explicit.

Public sector organizations should focus on their operational requirements when deciding what to buy. When a transit agency wants to buy buses, it should not pay extra due to unrelated policy goals. If the best option is foreign, and there is an equivalent but more expensive domestic option, the price the agency pays should be the price of the foreign option. If politicians want to subsidize domestic labor, they can tell the transit agency to choose the domestic option and pay the rest from an appropriate budget.