60 Minutes on the All American Canal

By admin | May 10, 2010

Submitted by Aguanomics Blog

Michael at Knowledge Problem covers the [pipe break, boil order, demand for bottled water] story here, pointing out that politicians are worried about price gauging on bottled water. I left this comment:

This is wrong in so many ways. First, there’s the extra bottle-police who shoudl be working to get MORE water into the area. Second, there’s that stupid supply and demand thing [control prices = less supply when demand is rising = shortage!]. Third, there’s the blame shift from bureaucrats and politicians who SHOULD BE FIXING the bloody pipes. Damn.

Bottom Line: Politicians are making it worse. Reminds me of NOLA and Katrina.

Rating 3.00 out of 5
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