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turbinetree

(24,703 posts)
Sun Jul 30, 2017, 08:21 AM Jul 2017

The thing about Trump's infrastructure plan is: it doesn't really exist

Visitors to these American shores – if they squint and look real close – may be forgiven for thinking that they’ve stumbled back into socialism. We still have a federal post office. We have a national railroad – ok, it’s not much. And here in Texas, I pay my water, sewer, and electric bills to the local government, send my kids to the public schools (free, with orchestras) and teach at a state university. At 65, I have reached the age of social security and Medicare without working a day in the private sector.

Public infrastructure is the backbone of the private economy, as any developer knows. Public infrastructure isn’t only, or even mainly, ports, airports or pipelines (which are often enough private in this country), so it doesn’t have all that much to do with productivity or competitiveness.

Instead, commuter roads make possible exurban sprawl – large houses on cheap land, the foundation of America. And all that commuting sells cars, so that between selling cars and building houses we have what we call “economic growth”. It can be no surprise that our Developer-in-Chief has been a big-spending Democrat on this issue, however rightwing on all other questions.

But Donald Trump’s infrastructure plan, the darling of his campaign, the cynosure of his inaugural address and and the sparkling gem of his first speech to Congress, doesn’t actually exist. The Republican leaders of Congress killed off that plan months before Trump ever reached the Oval Office. Why? Because under the laws of accounting, federal spending requires either debt or taxes. And also, most of the infrastructure is in cities, which is where Democrats tend to live.

https://www.theguardian.com/commentisfree/2017/jun/09/trumps-infrastructure-plan-doesnt-really-exist


And now Foxxconn is going tom go to WisCONsin, and get a tax break from the citizens thinking that jobs are going to be created, just like what happened in Indiana under Pence and Carrier Corporation ................

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