Originally Posted by BucEyedPea
You don't know what the market is...since it means each of use do our own valuing. In the meantime you decide what should be valued for each of us.
Like a good central planner.
It's a good thing you weren't around when we were making decisions about whether to invest in building rails, roads, and airports. Many of those infrastructure decisions were made well before the market was ever set. Many businesses, in fact, are built on a market that doesn't exist. I do product marketing all the time. I can't imagine how backwards our business would be if we didn't try to make assumption-built forecasts.
I am pro growth. I am not a big fan of a lot of infrastructure projects, but don't know why an individual's opinion on a rail should matter if the project does in fact enable businesses in a significant way. At least enough to at least somewhat justify the cost, especially if the private sector funds much of the bill.