by According to the most recent updates, the Oroville dam in California (the highest dam in the USA) might be on the point of collapsing (more precisely: the emergency overflow might collapse). According to Piet Dircke, an engineer of Arcadis (which since 2010 is involved with Californian watermanagement in the San Fransisco-Stockton-Sacramento triangle) there is one overriding reason why this might happen: failing maintenance maintenance. “The overflow should have been replaced 10 years ago. This has not happened because of budgettary reasons“. And yes, people had warned, official reports and all. Do I have to remind anyone that, according to modern neoclassical theory, government investments (including maintenance) are wasteful by definition?
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According to the most recent updates, the Oroville dam in California (the highest dam in the USA) might be on the point of collapsing (more precisely: the emergency overflow might collapse). According to Piet Dircke, an engineer of Arcadis (which since 2010 is involved with Californian watermanagement in the San Fransisco-Stockton-Sacramento triangle) there is one overriding reason why this might happen: failing maintenance maintenance. “The overflow should have been replaced 10 years ago. This has not happened because of budgettary reasons“. And yes, people had warned, official reports and all. Do I have to remind anyone that, according to modern neoclassical theory, government investments (including maintenance) are wasteful by definition?