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Want to laugh, but this is classic bad economics take. SMBC-Comics could do this one.

The $1m can be spent fixing potholes. Massive waste of time, but if the next $1m is used to make potholes, a self-sustaining cycle of making and filling potholes can boost the local economy for just a small dribble of $1m per year input, to the alternating cycle.



AKA broken window fallacy


What animals can we use to fill potholes?


Moles, obviously. They make heaps, precisely filling the potholes, but they do this by tunnelling, weakening the ground and over time creating more potholes.

It’s a prime example of a circular economy and sustainability



This gave me laugh, thanks for sharing it!


Actively or passively?


And they create hundreds of jobs in the process!


I mean that is how GDP works. Wasting billions on something stupid counts just as much as spending the same amount on sound investments.




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