"Where Are The Shovel-Ready Stimulus Projects?"
Commentary: Where are the shovel-ready stimulus projects?
By Victor Davis Hanson
HUNTINGTON LAKE — Our politicians love soaring platitudes followed by little, if any, follow-up. The more Americans are promised shovel-ready stimulus projects, new sources of power and other fantasies, the more we accept that bureaucracy, regulations, lawsuits and impact statements will prevent much from ever being done.
The president himself, after demanding nearly a trillion dollars in borrowed money for the budget, confessed that his "shovel-ready" projects proved not so shovel-ready after all. Much of the vast sums of borrowed money instead went to subsidize nearly insolvent pensions, entitlements and bloated state budgets.
Unemployment is still at 9.2%, with nearly 50 million people on government-subsidized food stamps -- even as American infrastructure is crumbling, the private sector is moribund, and national timidity prevents any new large, visionary construction.
Prior generations gave us space projects; ours is about ending them. Boeing once ruled the skies; now the government sues to stop Boeing from opening a new plant.
But it was not always so. A hundred years ago, the Big Creek Hydroelectric Project here in the central Sierra Nevada Mountains of California was the nation's first large effort to generate electricity from falling water -- to provide electric power for a growing Los Angeles nearly 250 miles away.
Industrialist and entrepreneur Henry Huntington conceived the gargantuan effort, begun in 1911. In just 157 days, a supply railroad up the mountains was built with picks, shovels and horse-drawn scrapers by thousands of workers struggling at over 6,000 feet in elevation.
In just two years, electricity was flowing southward from a new powerhouse generating unit at Big Creek that harnessed San Joaquin River water released from the new Huntington Lake reservoir.
Huntington's dream project -- eventually expanded, and today managed by the Southern California Edison power company -- would eventually encompass six major lakes, 27 dams, and 24 powerhouse generating units that repeatedly capture the descending High Sierra water to generate over 1,000 megawatts of clean electricity.
The interconnected lakes store precious water for 1 million acres of irrigated California farmland thousands of feet below. The thriving High Sierra sailing, sports and tourist industry grew up around the new lakes and roads. Far from destroying the environment, the Big Creek project created beautiful alpine reservoirs and gave millions of middle-class Californians access for the first time to the beauty of the Sierra Nevada Mountains. Few appreciate that the entire project was built with private funds.
How did our ancestors -- poor and with limited technology -- so quickly create such a vast project, which today probably would pose insurmountable challenges to their far richer high-tech descendants?
They were far more in need and far more self-confident than we are today -- acting when they were 80% sure of success rather than endlessly talking and delaying in expectation of an always-elusive 100% certainty.
In 1911 there was a desire for the new wonders of electricity, but no prior generation to have supplied it. Today, we take the power for our iPads and video games for granted, and are more likely to nitpick the environmental and social sensibilities of past generations who gave us what we so nonchalantly use in the present.
Quite simply, Big Creek could not be built today in the United States. Environmentalists would claim that the pristine nature of the San Joaquin River would be unnecessarily altered, citing a newly discovered colony of spotted newts or dappled dragonflies in the way of the proposed penstocks. Unions would demand blanket representation without elections -- and every imaginable compensation for such hazardous duty.
Workers would apply for stress-related disability benefits given the dizzying heights and the dank subterranean mining. Government regulators and inspectors would outnumber project engineers. Private entrepreneurs world never risk such a chancy investment without ironclad government guarantees of profits despite enormous cost overruns. And the public would be as skeptical of the risk as they would be eager to enjoy its dividends when completed.
The Big Creek project, like the Panama Canal, the Hoover Dam, the San Francisco Bay and Golden Gate bridges, and the interstate highway project were the work of confident but less wealthy bygone generations. They understood man's ceaseless elemental struggle against nature to survive one more day, and did not have the luxury to second- and third-guess the work of others before them.
We should remember the lesson of Henry Huntington's Big Creek Project, started 100 years ago this year, as we let rich irrigated farm acreage lay idle and pass on exploiting new oil and gas fields -- preferring to argue endlessly over how to redistribute our inherited but ever-shrinking national pie.
Read more: http://www.mcclatchydc.com/2011/07/30/118242/commentary-where-are-the-shovel.html#ixzz1Tc5ZXaoN
By Victor Davis Hanson
HUNTINGTON LAKE — Our politicians love soaring platitudes followed by little, if any, follow-up. The more Americans are promised shovel-ready stimulus projects, new sources of power and other fantasies, the more we accept that bureaucracy, regulations, lawsuits and impact statements will prevent much from ever being done.
The president himself, after demanding nearly a trillion dollars in borrowed money for the budget, confessed that his "shovel-ready" projects proved not so shovel-ready after all. Much of the vast sums of borrowed money instead went to subsidize nearly insolvent pensions, entitlements and bloated state budgets.
Unemployment is still at 9.2%, with nearly 50 million people on government-subsidized food stamps -- even as American infrastructure is crumbling, the private sector is moribund, and national timidity prevents any new large, visionary construction.
Prior generations gave us space projects; ours is about ending them. Boeing once ruled the skies; now the government sues to stop Boeing from opening a new plant.
But it was not always so. A hundred years ago, the Big Creek Hydroelectric Project here in the central Sierra Nevada Mountains of California was the nation's first large effort to generate electricity from falling water -- to provide electric power for a growing Los Angeles nearly 250 miles away.
Industrialist and entrepreneur Henry Huntington conceived the gargantuan effort, begun in 1911. In just 157 days, a supply railroad up the mountains was built with picks, shovels and horse-drawn scrapers by thousands of workers struggling at over 6,000 feet in elevation.
In just two years, electricity was flowing southward from a new powerhouse generating unit at Big Creek that harnessed San Joaquin River water released from the new Huntington Lake reservoir.
Huntington's dream project -- eventually expanded, and today managed by the Southern California Edison power company -- would eventually encompass six major lakes, 27 dams, and 24 powerhouse generating units that repeatedly capture the descending High Sierra water to generate over 1,000 megawatts of clean electricity.
The interconnected lakes store precious water for 1 million acres of irrigated California farmland thousands of feet below. The thriving High Sierra sailing, sports and tourist industry grew up around the new lakes and roads. Far from destroying the environment, the Big Creek project created beautiful alpine reservoirs and gave millions of middle-class Californians access for the first time to the beauty of the Sierra Nevada Mountains. Few appreciate that the entire project was built with private funds.
How did our ancestors -- poor and with limited technology -- so quickly create such a vast project, which today probably would pose insurmountable challenges to their far richer high-tech descendants?
They were far more in need and far more self-confident than we are today -- acting when they were 80% sure of success rather than endlessly talking and delaying in expectation of an always-elusive 100% certainty.
In 1911 there was a desire for the new wonders of electricity, but no prior generation to have supplied it. Today, we take the power for our iPads and video games for granted, and are more likely to nitpick the environmental and social sensibilities of past generations who gave us what we so nonchalantly use in the present.
Quite simply, Big Creek could not be built today in the United States. Environmentalists would claim that the pristine nature of the San Joaquin River would be unnecessarily altered, citing a newly discovered colony of spotted newts or dappled dragonflies in the way of the proposed penstocks. Unions would demand blanket representation without elections -- and every imaginable compensation for such hazardous duty.
Workers would apply for stress-related disability benefits given the dizzying heights and the dank subterranean mining. Government regulators and inspectors would outnumber project engineers. Private entrepreneurs world never risk such a chancy investment without ironclad government guarantees of profits despite enormous cost overruns. And the public would be as skeptical of the risk as they would be eager to enjoy its dividends when completed.
The Big Creek project, like the Panama Canal, the Hoover Dam, the San Francisco Bay and Golden Gate bridges, and the interstate highway project were the work of confident but less wealthy bygone generations. They understood man's ceaseless elemental struggle against nature to survive one more day, and did not have the luxury to second- and third-guess the work of others before them.
We should remember the lesson of Henry Huntington's Big Creek Project, started 100 years ago this year, as we let rich irrigated farm acreage lay idle and pass on exploiting new oil and gas fields -- preferring to argue endlessly over how to redistribute our inherited but ever-shrinking national pie.
Read more: http://www.mcclatchydc.com/2011/07/30/118242/commentary-where-are-the-shovel.html#ixzz1Tc5ZXaoN
Labels: Political economics
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