Opportunity costs I
The Navy has its heart set on building 55 littoral combat ships. So far, each is costing around $700 million. That's about half the annual federal subsidy for all of Amtrak. For one ship. And although it looks "like Darth Vader on the sea," as the New York Times put it, one doesn't have to be an amateur naval historian, although I am, to see this craft could be sunk by the ghost of Billy Mitchell flying a 1920s bomber. This is another deeply troubled defense program, plagued by cost over-runs and likely not just to disappoint but actually put our security at risk. Imagine how we could be using this money, or the trillions we're spending for wars in Afghanistan or Iraq — and there, as Everett Dirksen would say, we're talking real money. Such an exercise lets us better understand the opportunity costs of the course we're pursuing into decline.
One important effort should be retrofitting suburbia for a high-cost energy future, which is inevitable no matter how much we frack or use the dirty oil from our good friends to the north. Of course, most of American suburbia was built for the car. Eighty percent of everything ever built in America has been built since World War II. Place-making and civic design were lost. Massive, cheap, look-alike construction, laid down on an industrial scale, has continued and metastasized, bigger and uglier, decade by decade. All this was heavily and stealthily subsidized by taxpayers and federal policy, encouraged by a brief moment in history when gasoline was cheap and America was less populous. Jim Kunstler rightly calls it "the greatest misallocation of resources in the history of the world." Now it's a built environment whose time has come and gone. Exurbia is done. Much of the rest of suburbia will face ever-greater stresses.
Could some of it be saved and improved? Yes.

