"'Lawdy, Lawdy, He's Great'"
"The Golden Age of Fraud is Upon Us"

"There Will Be Boondoggles"

Noted economist Michael Boskin:

Politicians who seek ever more spending and regulation are banking on the public’s limited ability to wade through the details of massive omnibus bills. In doing so, they tend to pay little regard to the laws of diminishing returns and unintended consequences. But we should remember that the 2008 financial crisis followed a period of serial social engineering by the federal government (through banking mandates, sub-prime mortgage subsidies, and other measures) to promote home ownership.

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