he told Beck. “The Erie Canal was built that way.”
I’m going to have to write up vanity explaining just how bad the Erie Canal was.
Went way over budget
Had a series of management changes due to mismanagement
Took eight years
Was technologically obsolete before it was completed due to the railroad
I doubt Newt could have come up with a worse example of how government can do good with our money.
It makes one wonder what kind of history lecture Freddie Mac got for its $1.5million paid to Speaker Moonbeam.
Great book and it covers the folly of government ‘investment’ in railroads, canals, steam boats, etc. Sadly it doesn’t make it up to the 21st century and cover things like solar, wind and wave power.