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Please, Not ‘Shovel-Ready’ Projects Again!

Please, Not ‘Shovel-Ready’ Projects Again!
Speaker of the House Rep. Nancy Pelosi (D-Calif.) speaks to members of the media at the Capitol in Washington on March 13, 2020. Alex Wong/Getty Images
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Commentary

It was just a little over 10 years ago, at the height of the 2008–2009 financial crisis, that House Speaker Nancy Pelosi said one of the dumbest things in modern times. The best way to stimulate the economy, she declared, was with “unemployment insurance and food stamps.” Right. Paying people not to work will get more people to work.

Stephen Moore
Stephen Moore
Author
Stephen Moore is a senior fellow at the Heritage Foundation, chief economist at FreedomWorks, and co-founder of the Committee to Unleash Prosperity. He served as a senior economic adviser to Donald Trump. His latest book is “Govzilla: How the Relentless Growth of Government Is Impoverishing America.”
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