In response to:

Elizabeth Warren: We Need Much Higher Government Spending to Keep Up with China

ivy16 Wrote: Aug 02, 2012 2:18 AM
By the way, it took $530 millions of today's dollars to build the Golden Gate Bridge, a piece of infrastructure marvel; it took $535 millions of today's dollars to reward Kaiser to close down Solyndra and send workers to the unemployment lines. I guess our politicians beat the Chinese in corruptions.

I'm flabbergasted:

Here we have a woman who looks at our $16 Trillion national debt and thinks, we simply must spend far more. After all, China (coincidentally our top foreign creditor) spends roughly 9 percent of their GDP on infrastructure, whereas we spend "just" 2.4 percent on similar projects.  We can "do better," she says.  The New York Sun's Ira Stoll spoils the statist party by pointing to a minor arithmetic-related complication:

The first problem is mathematical. U.S. gross domestic...