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355 points pavel_lishin | 1 comments | | HN request time: 0.2s | source
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dayvid ◴[] No.45388961[source]
Worth watching Modern MBA on the inefficiencies of transit in USA. Detailed analysis and comparison against Asian, European and Latin American systems along with private and government run operations: https://www.youtube.com/watch?v=eQ3LSNXwZ2Y
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stocksinsmocks ◴[] No.45389779[source]
I would also love to know the real reason why US manufacturing seems to be so much more costly than it is anywhere else, even after adjusting for wage differences.
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1. AngryData ◴[] No.45392328[source]
Because US manufacturers/investors demand high profit margins and expect it to increase every year, if not every quarter. If a company makes the same profits year after year, US investors consider it a dead end if not a complete failure, despite the fact that everybody involved in the business is making money