There is no better example of the lunacy and arrogance of government waste than the new $578 million school built by the Los Angeles Unified School District.  The LUSD has a $640 million budget deficit and laid off 3,000 teachers during the last two years, but that didn’t stop it from spending other people’s money it doesn’t have.  The new school is the most expensive school ever built in the United States at a cost that exceeds the cost of China’s Olympic stadium and the Denver Broncos new football stadium.

See “LA unveils $578M school, costliest in the nation” and “Los Angeles Public School Named After Robert Kennedy Costs $578 Million.”