During our hour together, Obama told me he had no regrets about the broad direction of his presidency. But he did identify what he called “tactical lessons.” He let himself look too much like “the same old tax-and-spend liberal Democrat.” He realized too late that “there’s no such thing as shovel-ready projects” when it comes to public works.
William A. Jacobson, November 24, 2008, as reported by Legal Insurrection Blog (emphasis mine):
Of all the concepts to help build the economy, Barack Obama has seized on the one type of project — public infrastructure — that has the worst history of cost overruns, corruption, construction incompetence, and economic harm. There is nothing to suggest that the legacy of the Obama infrastructure plan, estimated to cost hundreds of billions of dollars, will be any different.
William A. Jacobson, December 6, 2008, as reported by Legal Insurrection Blog (emphasis mine):
Obama is trying to fit a square peg in a round hole. Infrastructure projects are not a good way to provide short-term stimulus, much less long-term job creation. Obama’s infrastructure plan is a road to nowhere.
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