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A lot of cost savings come from just producing things in volume. The Chinese may be way over-building the infrastructure, but they're building so much that the
by jandrese 3y ago
A lot of cost savings come from just producing things in volume. The Chinese may be way over-building the infrastructure, but they're building so much that their industry is quite good at it. Contrast that with the US where these infrastructure projects are relatively uncommon and the industries that support them are small and high cost. If you have to keep an industry alive on only a handful of projects each decade then those projects are necessarily going to be expensive, probably outrageously so.
- seanmcdirmid 3y agoYep, that makes sense. Seattle can’t get enough firms to bid on projects, and there aren’t enough civil engineers to go around (the ones that exist are retiring), kids these days see computer science as the only way to make money since we’ve been underpaying civil engineers…etc…