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Trump to spend $1Trillion on infrastructure
retroxler58
Member Posts: 32,693 ✭✭✭
Just heard on Fox News that Trump plans to spend $1 Trillion on infrastructure.
I know that's INCREASING national debt right out of the blocks...
But, I'd rather see US Tax Dollars being spent here at home instead of going overseas.
What say you?
I know that's INCREASING national debt right out of the blocks...
But, I'd rather see US Tax Dollars being spent here at home instead of going overseas.
What say you?
Comments
Worked great for his pedicessor, what?
Brad Steele
Of course America needs infrastructure replacement and repairs.
That $1 Trillion would go a lot farther if we could eliminate the Davis-Bacon act and similar laws. Some of the wages that are required on those projects could easily be cut by 40% and still provide a decent wage.
Hell, while he's at it... CUT $3 Trillion in overseas spending. Maybe more.
Typical liberal economic plan.
Worked great for his pedicessor, what?
And exactly how much was spent on those projects by Obummer?
.
.
.
Wait for it.
Nothing, zip, Nada, Zero.
It all went for unions and buddies, to give back to Obummer for his re-election.
Short memory these days, Don.
Margaret Thatcher
"There are three kinds of lies: lies, damned lies and statistics."
Mark Twain
Typical liberal economic plan.
Worked great for his pedicessor, what?
Yep. All those shovel ready jobs.
I wonder if it will be full of fraud like Obama's shovel ready jobs plan. Didn't we already spend a trillion on infrastructure?
Given Trump's background as a real estate developer, this is a minimal concern for me.
Trump could easily cut $2 Trillion in overseas support and reduce 'overall' debt while spending much needed tax dollars at home.
Hell, while he's at it... CUT $3 Trillion in overseas spending. Maybe more.
EXACTLY.
Why are we giving away money like candy, all across the globe. That money is sorely needed here. Spend it here.
F', the whole "Nation building," scenario. It should be more like, IF we have to come to your Country, we are going to leave you in the Stone Ages, which you seem to prefer anyway.
quote:Originally posted by shilowar
I wonder if it will be full of fraud like Obama's shovel ready jobs plan. Didn't we already spend a trillion on infrastructure?
Given Trump's background as a real estate developer, this is a minimal concern for me.
Trump will be the president, but he'll still be depending on the same bureaucracy that has demonstrated graft and corruption.
my home town was rewarded 15 million in the stimulus money for 3 short roads to be constructed/repaired , so far to date nothing has been done, one has even been closed off
Typical liberal economic plan.
Worked great for his pedicessor, what?
I suppose this is based on a detailed analysis of the capital repatriation plan and assorted other tax and spending reform measures that have been discussed?
I have to say, it appears there are a number of people who won't be happy with anything that happens. It isn't ordinary vigilance or circumspect observation. It is as though they are more eager to be proven 'right' about their pre-election suspicions of Trump, than they are hopeful to see something work.
Not sure what the point is, but to each their own I suppose.
I would like to see an effort to bring the country to the 21st century.
Maybe a NASA type effort for solar , wind, etc to supplement natural gas.
A real incentive for growing/raising food at a more local level.
Move on out to the cool and dark.
Solar and wind cannot supply the energy needs without huge tracts of land being covered with panels/windmills, unless of course we re-wire the whole nation to use the energy far more efficiently. I think we would be better served by looking at geothermal as an energy source. I also wouldn't mind seeing them put money into creating workable fusion reactors.
No big need for it anytime soon. We and our children will all be dead long before oil and NG is depleted.
NG is the present and the future.
quote:Originally posted by Don McManus
Typical liberal economic plan.
Worked great for his pedicessor, what?
And exactly how much was spent on those projects by Obummer?
.
.
.
Wait for it.
Nothing, zip, Nada, Zero.
It all went for unions and buddies, to give back to Obummer for his re-election.
Short memory these days, Don.
Some was. Almost half went to tax breaks to individuals. I guess that is spending in DC. If your suggestion is that Trump would spend it better, fine. If your suggestion is that infrastructure spending is necessary, that is also fine. Doing either with borrowed money however, as Trump seems to be planning, is just a stupid as was Obama's failed effort.
Brad Steele
Neal
I'd rather see debt creation than cronyism. And I believe those are the only two realistic options in front of us.
Increase revenue. Trump must create jobs quickly, the first jobs might be temporary (infrastructure improvement) but more permanent private sector jobs must follow.
Have been outside the country for most of the 8 years Obummer was president. Appears the U.S. got nothing for the 10 trillion BORROWED and nothing much for the OTHER 4+ trillion in revenue per year or 32 Trillion.
The U.S. took in 32 Trillion + borrowed 10 Trillion.
42 Trillion = Biggest "Spread the Wealth Program" in the History of man with nothing much to show for it.[:(!]
All the shovel ready projects maybe a Trillion. ?? Most investments in "NEW TECHNOLOGY" were failures.
Rand Paul says Barack Obama 'spent nearly a trillion dollars on make-work government jobs.
Actually, who cares, what's done is done and the future looks brighter.
Someone here is an obvious Hillary fan and a not so happy loser ...just saying.
Remember SOLYNDRA 500 million down a rat hole? That is what Government calls a success.
Remember the Apollo program?
It turns out different governments have different standards for success and failure. Who knew?
So all you guys convinced me to vote Trump and all I get is a drunken sailor with a credit card? Rather than just running his companies to bankruptcy you want him to do that with the USA? WTH are you guys talking about?
I hope congress and the people hold his feet to the fire. Two weeks since the election and I am already starting to regret throwing my vote away to Trump.
There has to be more to the story, especially in regards to where the funding will come from.
There are 50 states, why does the federal government need to spend anything?
Hint: Remember when 55 was the speed limit?
So all you guys convinced me to vote Trump and all I get is a drunken sailor with a credit card? Rather than just running his companies to bankruptcy you want him to do that with the USA? WTH are you guys talking about?
A lot of people here know what they are talking about. Trump doesn't smoke or drink and he didn't serve in the Navy. Trump isn't bankrupt
I hope congress and the people hold his feet to the fire. Two weeks since the election and I am already starting to regret throwing my vote away to Trump.
Trump is way ahead of the HISTORICAL CURVE. Compared to Trump most would be considered to be ******* around.
There has to be more to the story, especially in regards to where the funding will come from.
Same place all funding comes from. Income and borrowing.
Trump won't be president until,, what? Jan. 20, 2017. Come back then, the window will be open.
Let's not get ahead of ourselves here. For now this is just all talk and relayed by fox news so I can trust that! I agree that we are spending (actually in many cases just throwing away) money overseas while our country is falling apart. This all assumes that the election will not be taken from him by these recounts. If that would happen, 1861 would look like a family feud.
Might be "fake news" or it might just be news.
http://forums.GunBroker.com/topic.asp?TOPIC_ID=685695
We have plenty of oil, and especially NG to last for many years. All the greenie BS should be farmed out to private enterprise to make work.
No big need for it anytime soon. We and our children will all be dead long before oil and NG is depleted.
NG is the present and the future.
Then let's stop using corn for fuel!
There are 50 states, why does the federal government need to spend anything?
So all you guys convinced me to vote Trump and all I get is a drunken sailor with a credit card? Rather than just running his companies to bankruptcy you want him to do that with the USA? WTH are you guys talking about?
I hope congress and the people hold his feet to the fire. Two weeks since the election and I am already starting to regret throwing my vote away to Trump.
There has to be more to the story, especially in regards to where the funding will come from.
If anything I said before the election swayed your vote, I apologize. To properly punish me for my infraction, I suggest you never vote again. I will feel really bad...and it will serve me right.
quote:Originally posted by mag00
There are 50 states, why does the federal government need to spend anything?
So all you guys convinced me to vote Trump and all I get is a drunken sailor with a credit card? Rather than just running his companies to bankruptcy you want him to do that with the USA? WTH are you guys talking about?
I hope congress and the people hold his feet to the fire. Two weeks since the election and I am already starting to regret throwing my vote away to Trump.
There has to be more to the story, especially in regards to where the funding will come from.
If anything I said before the election swayed your vote, I apologize. To properly punish me for my infraction, I suggest you never vote again. I will feel really bad...and it will serve me right.
[:D][:D]
They do need to do something. Our roads and especially bridges are in bad shape. I'd rather spend a trillion dollars here than some other country. Question for you guys is this something they could put bonds out for? That way we're actually investing money too or is that not even worth doing?
That's how the government operates now.
We spend more than we take in, so the difference is made up in govt securities.