There is nothing wrong — and much that is right — with building a national monument to memorialize the nearly 3,000 people killed in the 9/11 attacks a decade ago. The awful events of that day traumatized the country — and changed it. The dead deserve to be remembered. Far be it from me to suggest otherwise.

What I do want to suggest, though, is that what’s being built in the name of 9/11 — a staggering $11 billion worth of government-sponsored construction on the 16 acres we now call ground zero — is an example of just about everything wrong with modern government. When the World Trade Center site is finally completed, it will include a state-of-the-art train station whose cost overruns have surpassed $1 billion. The 9/11 memorial itself, which covers the footprint of the former twin towers, was so far behind schedule that it is now being hastily constructed, out of sequence, so that it will be ready by the 10th anniversary of the tragedy.

And then there’s 1 World Trade Center, scheduled to be completed in 2013, which will add 2.6 million square feet of office space in a city that doesn’t need it, at a cost so high that it will be a cash drain for decades to come. Where’s the Tea Party when you need them?

Last year, I wrote about 1 World Trade Center, pointing out that its $3.3 billion price tag made it, by far, the most expensive office building ever constructed in America. At the time, Richard Gladstone, the project manager for the Port Authority of New York and New Jersey, which is in charge of rebuilding ground zero, told me point-blank that despite its costs, the new skyscraper would not affect the commuters who pay the tolls to cross the six bridges and tunnels the agency operates.