Getting Nowhere, Very Fast

By Thomas Sowell - January 31, 2012

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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,...

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Thomas Sowell

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