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It is far from 10-20x difference. And many or most of those nations have stronger worker protections than the US, calling into question the idea that labor law
by gipp 10y ago
It is far from 10-20x difference. And many or most of those nations have stronger worker protections than the US, calling into question the idea that labor law is really the main driving force there. It's probably more like propertyholder protectionism (i.e. NIMBYism) dominating local politics.
https://www.bloomberg.com/view/articles/2016-04-08/why-u-s-infrastructure-costs-so-much https://www.bloomberg.com/view/articles/2016-04-08/why-u-s-i...
http://www.realclearpolicy.com/blog/2015/03/31/high_costs_may_explain_crumbling_support_for_us_infrastructure_1249.html http://www.realclearpolicy.com/blog/2015/03/31/high_costs_ma...
- memmcgee 10y agoThose nations also have stronger social safety nets, including health and retirement benefits provided nationally rather than by the employer. Your first article mentions that operating costs per ride in the NYC metro are $4.11, compared to $2.61 in London. It also estimates though that $1 of that is health and retirement benefits.
- TazeTSchnitzel 10y agoThe strong welfare state in these countries essentially subsidises employers in this way. Not necessarily a bad thing, mind you.