Reason magazine asks, what happened to the Golden Gate Bridges that we should have gotten for the $1 trillon Obama stimulus":
My biggest problem with the Golden Gate metaphor isn't necessarily the federal vs. state/private distinction, it's that government spending at any level is being confused for the construction of gorgeous, useful bridges. That $35 million during the Depression is worth around $530 million today, or far less than 1 percent of Obama's stimulus package. So, where the hell are our new Golden Gates? What, exactly, has been the return on all this added "investment"?
Government, from the Grand Coulee Dam to the Capitol, has gotten exponentially more expensive while delivering a fraction of the results. Every dollar that governments spend on every level gets inflated by contracting rules, social engineering, environmental aspirations, and sops to public sector unions. That's the vision that Obama–like so many other politicians–is, through his deeds, carrying forward.





















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