National Review’s Mark Steyn deftly expresses just how useless the president’s so-called stimulus package was to the U.S. economy.
In Obama’s world, businessmen build nothing, whereas government are the hardest hard-hats on the planet. So, in his “you didn’t build that” speech, he invoked, yet again, the Hoover Dam and the Golden Gate Bridge. “When we invested in the Hoover Dam or the Golden Gate Bridge, or the Internet, sending a man to the moon — all those things benefited everybody. And so that’s the vision that I want to carry forward.”…
The Golden Gate Bridge? As Reason’s Matt Welch pointed out, the Golden Gate cost at the time $35 million — or about $530 million today. So, for the cost of Obama’s 2009 stimulus bill alone, we could have had 1,567 Golden Gate Bridges. Where are they? Where are, say, the first dozen?…
A stimulus bill equivalent to 1,567 Golden Gate bridges. A 2011 federal budget equivalent to 6,788 Golden Gate bridges. And yet we don’t have a single one….
Because that’s not what Big Government does: Money-no-object government spends more and more money for less and less objects. For all the American economy has to show for it, President Bob the Builder took just shy of a trillion dollars in stimulus, stuck it in his wheelbarrow, pushed it halfway across the Golden Gate bridge, and tossed it into the Pacific.
Instead of roads and bridges, Obama-sized government funds stasis and sclerosis: The Hoover Dam of regulatory obstruction, the Golden Gateway to dependency….
In Obama’s “visions,” he builds roads and bridges. In reality, the president of Dependistan has put nothing but roadblocks in the path to opportunity and growth.
That he can build. That’s all he can build.
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