4 ms·
this is a submarine piece by industry insiders to pin the blame squarely and solely on labor, rather than the myriad corruptions that funnel money to executives
by clairity 6y ago
this is a submarine piece by industry insiders to pin the blame squarely and solely on labor, rather than the myriad corruptions that funnel money to executives and shareholders. for instance, labor rates are likely high, not because workers are being paid so well, but because administrative costs are opaquely tacked onto the labor rates.
that's not to say all of the recommendations are bogus (e.g., the environmental review process being subverted to inflate costs), but rather that that particular conclusion is highly suspect.
the regulatory environment needs to incentivize smaller, leaner, more nimble contractors, rather than oligopoly, if we want a competitive market that will drive down costs and foster innovation.