Expansion in Michigan was once necessary and possible. The Future is Contraction.
Plan accordingly.
Expansion in Michigan was once necessary and possible. The Future is Contraction.
Plan accordingly.
Bingo. All these fruitcakes keep comparing Detroit, and/or the Detroit metro area, to growing areas and then saying: Look these places expanded their highways and now look at the traffic. Bam, induced demand!
We've been contracting and our road system is still screwed.
If induced demand could exceed marginal supply, then you'd see every company with cheap access to capital [[right now every investment-grade company) building toll roads. The ROIC would increase directly proportionally to capital invested.
Get me a whiteboard and get yourself a chair. I'll educate you mongoloids if it kills you.
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