Jeff Tucker on the consequences of the "public" ownership of the water supply:
Once again, for the umpteenth time this month, I arrive at work soaking wet. Just getting from the car to the front door of the Mises Institute is like going through the rinse cycle — and umbrellas just aren't my thing. What's striking is how this weather pattern follows a year of dire warnings from government officials about the deadly drought that is destroying the region, as you can easily see from the government's own US Drought Assessment maps.
Actually, these are interesting maps. They give the impression that the whole of the nation is a parched land that vacillates between persistent drought and improving droughts. Nowhere is listed as "soaked" or "just the right amount of rain." And if you reflect on government announcements of these things, all places seem to fall into one of three categories: catastrophic flooding, catastrophic drought, or forgettable.
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