Monday, December 16, 2024

Your Tax Dollars Not at Work John Stossel

Government excels at NOT getting things done. 
Kamala Harris declared that our government would "build thousands of miles of fiber-optic cable!" 
This "Broadband Connectivity Agenda" was supported by "every House Republican on Energy and Commerce," write Republican representatives.
  • Three years later, not a single person has been connected.
Why? Because, as Milton Friedman put it, "Few people spend other people's money as carefully as they spend their own."...
  • Government pumped billions into "high-speed rail." Fifteen years later, they're still talking about the future.
  • Bureaucrats wasted $500 million of your money on the solar company Solyndra, which then went bankrupt. They wasted millions more trying and failing to create "synthetic fuel."
  • More recently, Biden doled out $7 billion to build 500,000 EV charging stations. Two years later, they've built seven.
  • Republicans joined Democrats in funding a CHIPS Act, meant to bring chipmaker jobs to America. It isn't working. Most chips are still made in Taiwan...

No comments: