“We have lost our ambition, our imagination, and our willingness to do the things that built the Golden Gate Bridge,” said President Obama at a recent fundraiser in San Francisco.
Didn’t Obama know that the Golden Gate Bridge and the Hoover Dam to which he also referred were built in the midst of the 1930s Great Depression? And that, clearly, the people that built them had not lost their ambition or willingness to do great things.
What is the difference between those great construction projects and the building of the Freedom Tower that has now passed a decade in the effort to replace the destroyed Twin Towers? The answer is government at all levels, from federal to local, makes such projects difficult because of a matrix of laws and regulations, mostly environmental, that slow all enterprises in America today.
Well, let me correct myself. If you are building an utterly useless solar farm, utilizing solar panels made in China because it is too costly to make them here. Ditto for wind farms that even some Greens hate. Or if you are building electric cars that no one wants to buy. Then, yes, you not only get a federal multi-million dollar loan guarantee, but a lot of red tape is cut for you.