Oddbean new post about | logout
 @9944ffcd 

Suspect the primary reason is cost-disease from too many layers of private companies skimming off a profit and then sub-contracting the actual work.

Combined with a complete refusal to actually govern from the government. You can hire a contractor to lay a track but if you hire a private managers to manage it and set the prices they will fuck you.

Nibyism is number two though I reckon.