My First Law of Management

A letter to the editor this morning elicited a comment that public transit works.

 “Works,” regarding the Coaster depends upon definition.

The Coaster runs at a horrible deficit, as does all “public transportation.”

Hence, my First Law of Management: Anyone can manage anything with an unlimited budget.

And, its Corollary: For something to run at a deficit, something else must run at a profit to support the deficit.

(In this case, taxpayers must make money to pay the taxes to support the government — ALL of government. Since only 4% of the income taxes are paid by the lower half of the taxpayers, obviously it is the upper half who subsidize the Coaster. And everything else. In the modern lexicon, this is called “fairness.”)