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Government subsidies have always worked about like they do now...

...that is, not well or not at all. President Petulant might want to stop using the Transcontinental Railroad (or the "Intercontinental Railroad" as The Smartest Prez Evah! [tm] put it) as an example of why the federal government should pump out more subsidies for things like high speed rail and solar power schemes...well, if he was the least bit interested or informed about American history, he would.

washingtonexaminer.com/opinion/columnist...