Friday, October 2, 2009

Digging Ditches and Filling Them Back Up

This is why you need to educate the masses more in economics.

You would think that today, given even the most basic and elementary of educations in economics, the masses, LET ALONE THE ECONOMISTS IN THE GOVERNMENT would know that digging ditches to fill them back up does NOTHING for the economy. Yet this is PRECISELY what they are doing in San Francisco.

Here is the sidewalk before stimulus money;


Here is the sidewalk after stimulus money.


Here is the man who took the pictures and the research he dug up on the cost of this sidewalk.

All these geniuses in Barack Obama's administration are literally (not sort of, not "oh, the Captain is joking" sort of way) LITERALLY no smarter than Robert Mugabe printing off money to make everybody rich.

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