01-28-2017, 07:26 PM
(This post was last modified: 01-28-2017, 07:27 PM by Eric the Green.)
(01-28-2017, 06:50 PM)Warren Dew Wrote:(01-28-2017, 06:33 PM)pbrower2a Wrote:Quote:Dave Horn,
I agree that DJT's prime chance of consolidating his political victory rest in successfully managing a big infrastructure buildout, and that automation and GW could (and probably will) become salient issues a little further down the line, though I don't think they will play as much of a role in the next 10 years as they will in another 20-30 years or so.
President Trump's victory allows him to do what politicians of the worst kind have always done -- using the government as patronage for supporters and $crewing the rest. If the President has a plan, then it is heavily in show projects from which favored contractors will wax fat and for which the rest of us will pay dearly. His economic policies might create more jobs -- but through pay cuts that spread more work, but less pay around.
This is exactly what happens with all massive government spending plans. It happened with Obama's "infrastructure" spending; it will happen if Trump manages to get a massive "infrastructure" spending plan passed as well. Let's hope he doesn't.
Why shouldn't it, in your view, since you are not so concerned about debt? Such a plan if passed by Trump with Democratic Party support would be stimulative and good for business long-term. It didn't happen under Obama only because Obama was a Democrat.
If Trump's plan is for tolls, show projects, tax breaks for contractors and such, then not only will it not be very massive and not stimulative, but it will be different than any government spending plan.
His "infrastructure plans" so far consist of oil pipelines and a border wall, which will do nothing for the people of America.