Wednesday, February 1, 2012

Getting Nowhere, Very Fast

By Thomas Sowell

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 being a politician is that it is all other people’s money, including among those other people generations yet unborn.

Read more: http://www.nationalreview.com/articles/289686/getting-nowhere-very-fast-thomas-sowell

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