Anyone who thinks infrastructure spending is the answer to our economic troubles should take a look at the new Capitol Visitors Center boondoggle:
Initially conceived in the early 1990s and projected to cost $71 million, the CVC has become an example of out-of-control government contracting and mismanagement. After costs ballooned and construction schedules spiraled out of control, the three-level, underground monument to congressional excess finally came in at a whopping $621 million and three years behind schedule.
I suppose it did provide jobs, but in what time frame and at what cost? Do we really need to spend money we don’t have on projects we don’t need just so we can say we’re “doing something”? I hope that any money we allocate to infrastructure will be spent wisely. This doesn’t give me a warm and fuzzy feeling.
Update: I just saw this quote from Harry Reid and I think this project was worth every dime now (sarcasm alert):
“My staff tells me not to say this, but I’m going to say it anyway,” said Reid in his remarks. “In the summer because of the heat and high humidity, you could literally smell the tourists coming into the Capitol. It may be descriptive but it’s true.”
But it’s no longer going to be true, noted Reid, thanks to the air conditioned, indoor space.
And that’s not all. “We have many bathrooms here, as you can see,” Reid continued. “Souvenirs are available.”