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Thomas Sowell: Getting Nowhere, Very Fast

01 Feb

California has a huge state debt and Washington has a huge national debt. But that does not discourage either Governor Jerry Brown or President Barack Obama from wanting to launch a very costly high-speed rail system. Most of us might be a little skittish about spending money if we were teetering on the brink of bankruptcy. But the beauty of politics is that it is all other people’s money, including among those other people generations yet unborn.  [read more]

h/t:  Townhall.com

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Posted by on February 1, 2012 in Government Waste

 

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