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Many people seem to struggle with the difference between absolute and proportional values. Something similar in my country (Nigeria). Many people keep pointing
by blackhawkC17 3y ago
Many people seem to struggle with the difference between absolute and proportional values.
Something similar in my country (Nigeria). Many people keep pointing out that Lagos, our most crowded and number one commercial city, has an annual budget of roughly $1 billion, meaning there should be world-class infrastructure.
Until I point out that $1 billion is roughly $50 annually per person. Even accounting for labor and cost of living differences, you need at least 20x that before you start expecting world-class infrastructure.
Sure, labor is cheaper, but power plants, buses, and trains are mostly imported and cost a damn lot. No way you’re getting first-world infrastructure with third-world budget and taxes.
- danlugo92 3y ago> Until I point out that $1 billion is roughly $50 annually per person. I wanted to make a comparison with New York Metropolitan Area and they spend 20 billion only in traffic stuff.