For every dollar that is spent on the (boondoggle) bridge a dollar will be taken away from taxpayers. If the bridge costs $1,000,000 the taxpayers will lose $1,000, 000. They will have that much taken away from them which they would otherwise have spent on the things they needed most.
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About Henry Hazlitt
Henry Hazlitt was a 19th-century American journalist and writer. Henry Stuart Hazlitt was an American journalist, economist, and philosopher known for his advocacy of free markets and classical liberal principles. Over a career spanning more than seven decades, Hazlitt wrote extensively on business, economics, and public policy for prominent publications, including The Wall Street Journal, The Nation, The American Mercury, Newsweek, and The New York Times. Read more on Wikipedia →