Yeah that worked very well with Goldman Sachs, Morgan Stanley, AIG, S&L's in the 90's, General Motors, Chrysler, etc. The Eisenhower National System of Interstate and Defense Highways, Hoover Dam, and similar projects were all complete failures. /s
Bill Clinton repealed glass steagall in 1999. It allowed that 08 bank meltdown to occur. General Motors and Chrysler business culture of excess led to their financial troubles around the same time. Hoover Dam? NASA doesn't even build its own rockets anymore. SpaceX does the job better and more affordably. The united states is the only major power in the world that fails to upgrade its aging amtrak system in favor of high speed rail. How many trillions did the state waste on war and failed projects like the F-35 and obamacare. Imagine what someone like Elon Musk could accomplish with $1 trillion in funding.
IXxXI|6 years ago
unknown|6 years ago
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