[LINK] Strategic misrepresentation

[Marghanita da Cruz]

Bernard Robertson-Dunn wrote:
> Marghanita da Cruz wrote:
> 
>  > Thought a few on link would share my interest in this concept...
>  > <http://en.wikipedia.org/wiki/Strategic_misrepresentation>
> 
> Like this?
<snip>
> http://www.smh.com.au/news/opinion/governments-sleight-of-hand-not-a-cut-above-rest/2008/03/16/1205602187526.html 
> 
No, while tax cuts and interest rates may be of pop interest. It is really the 
investment strategies that are the issue. However, as we all know estimating the 
cost is problematic [and usually the target of cheap shots]
<http://en.wikipedia.org/wiki/Optimism_bias>

Yesterday the NSW government announced a new rail link - great idea! Much better 
than the tunnels built over the last few years. The measure is that they deliver 
the best system as quickly as possible. Obviously if they go broke in the mean 
time, the project would not be finished. Equally, if they can't get the project 
to work or  better use of the resources, or the inevitable need for more comes 
along, they will need to adjust the investment or requirements. 
<http://www.nsw.gov.au/news.asp>

Marghanita
-- 
Marghanita da Cruz
http://www.ramin.com.au
Phone: (+61)0414 869202