Let me tell you a story (via Instapundit).
Once upon a time there was a owner of a packaging material factory in Maine who found out one day that there was a major oil leak disaster going on in the Gulf of Mexico. It turns out that a useful item for oil leak containment – known as ‘floating oil containment boom,’ or just ‘boom’ – was something that the owner’s factory could make; and since business was horrible anyway the owner decided to bring in extra workers and make all the boom that he could. The Governor of Louisiana was yelling for lots and lots of boom, and surely both British Petroleum and the federal government would be downright eager to buy up the boom as fast as the factory could make it.
Surely. Continue reading The factory, the government, and the boom.