Zandinomics | Michael D. Tanner | Cato Institute: Commentary

Zandinomics | Michael D. Tanner | Cato Institute: Commentary: "In fact, the logic of Zandi's model holds that government spending is such a good deal that it doesn't matter if we needed the bridge in the first place; we should keep building it, tearing it down, and building it again, to multiply the money we are spending. From Zandi's point of view, former Alaska senator Ted Stevens's infamous 'bridge to nowhere' wasn't pork — it was a brilliant investment, and we should have built ten of them, or a hundred."