"There is no way to turn off this global economy, nor should one try. Every previous expansion of global capitalism has led to greater prosperity across the world."

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However little president Obama knows or cares about economics, he knows a lot about politics - and especially political rhetoric. 'High-speed rail' is simply another set of loft words to justify continued expansion of government spending. So are words like 'investment in education' or 'investment' in any number of other things, which serves the same political purpose.

— Thomas Sowell