THOMAS SOWELL: ” No one is more of a master of political talking points than President Barack Obama. Remember “shovel-ready projects”? These were construction projects where the shovels were supposed to start digging the moment the government gave them the “stimulus” money.
Two years later, Obama can joke about the fact that the shovels were not as ready as he thought. In reality, the shovels were never ready. It can take forever to get all the environmental approvals to build anything in today’s political and legal climate.
If Obama didn’t know that, his advisers surely did. He can treat it as a joke today but it is no joke for those who are saddled with the debts produced by his runaway spending in the name of “shovel-ready projects.”
Nor is it a joke to the unemployed, who remain unemployed despite all the “stimulus” spending.”
[READ Thomas Sowell’s “Politics vs. Reality Part 2“]