Tedious economic bumf — despite being tedious — deserves a response or it will perpetuate. Bad economics shouldn't be allowed to hold sway just because it has cornered the market for argument ad nauseam.
Rosy projections for convention-civic centers usually don't blossom, and taxpayers are left with a huge tab for years.
Following the government’s control over access to flu shots at the onset of the winter season, tightly controlled distribution has led to a possible glut—read surplus—of flu vaccine. What? Wasn’t it just a few months ago that we were warned of a possible shortage, and shots were only being offered to individuals in high risk categories?
The 2004 flu vaccine shortage offers a number of lessons about how regulation can really damage a market, and about the tendency of markets to attempt to compensate in an effort to serve consumer interests. The government's meddling in the vaccine market almost guaranteed that a vaccine crisis would occur eventually.
With many local governments in North Carolina looking for ways to balance budgets and generate financial capital for infrastructure, it's time to rethink how we get our water.
Get Reminded When We Go LIVE on Election Night!
