Senator Bill Proxmire used to give out the Golden Fleece Award for government pissing away money on absurdly expensive, completely pointless and massively failed projects. Whether he was right or wrong in any given award, what he accomplished was making public what Congress buried in long bills that purportedly served worthy purposes and how federal agencies used their putative mandates for purposes never imagined.
Biden came into office promising “bold and transformative” initiatives. They were a bit costly, upping Senator Everett Dirksen’s “A billion here, a billion there, and pretty soon you’re talking real money,” into the trillions. But if you want to reimagine everything, it won’t come cheap. So how did that work out? Continue reading
