Trump Infrastructure Plan Won't Even Cover The Cost Overruns!

Discussion in 'Economy' started by mascale, Feb 12, 2018.

  1. mascale
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    mascale VIP Member

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    Within Two Months of the tax cuts for the rich, and the corporations: Then the stock market is already reeling from the likely impact of the interest rate hikes, (See Deuteronomy 23:19-20; then Matthew 25:14-30). Mortgage rates go up, credit card rates go up, Capital Costs go up, little babies generally can still throw up. Adults are added. Speaker Ryan estimates the typical weekly raise for anyone--in a deleted tweet--to be about $1.53 per week.

    See again, in the parentheses above.

    There is no federal money impact in the Trump Infrastructure Plan. $100.0 bil. gets sent to the states. Probably California gets $10.0 bil., having 10% of the population--not enough to pay for the state's big speeding train project, impacting less than 0.5% of that state's people. Vermont gets $210.0 mil. Many notice that is the combined household income of about 100 of its households--200 if Senator Sanders is counting. 500 if Ivanka is counting(?).

    Infer the problem in the parentheses above.

    The California Train Project over-run, January 2018, of $2.8 bil. takes the project cost to $10.6 bil. In the Trump plan, that may count as far-sighted, already committed new spending, even adding no new jobs to that.

    Vermont does better with the rural projects money, having the most rural population of all the states. So it gets a slice of $50.0 bil. About 15 states are about 59 bil. people-Maine gets a big chunk. ND, SD, MT, WY, NH, KY, WV, OK, AR, AL, AK, IA, and MI get some money too: About $1.00 per person Then anyone subtracts what the other 35 states get(?).

    Anyone notices the problem, in the parentheses above! There are about five trains for fifteen states(?), each train maybe with a locomotive(?).. . .maybe using coal(?)!

    The details are widely public in the press, and the White House copy of the plan mostly says it in the first five of the fifty-three pages.

    The states will have this monster incentive(?): To actually take the money from people allegedly benefiting, to pay for it all(?): Not with even the advertised jobs impact--with basis in the already dedicated spending in each of the 50 affected United States.

    "Crow, James Crow: Shaken, Not Stirred!"
    (Lands of Many Nations maybe at least sympathetic, (LOL)!)
     
  2. danielpalos
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    danielpalos Gold Member

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    We should focus on high priority stuff first. All of our dams should be inspected and upgraded whenever possible.
     
  3. Penelope
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    Penelope Gold Member

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    In other words , no infrastructure or we'll be paying 5 bucks for a gallon of gas.
     
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  4. danielpalos
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    danielpalos Gold Member

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    Infrastructure truly promotes the general welfare. There is no general warfare clause nor any common offense clause.
     
  5. mascale
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    mascale VIP Member

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    State of Arkansas, 2014, has a planning guide for roadway building costs. $50.0 bil. is about 8000 miles of four lane highway, if that is applied to the rural project costs nationwide.
    https://www.arkansashighways.com/roadway_design_division/Cost per Mile (JULY 2014).pdf

    For 2015, Department of Transportation estimates a total of 9 bil. or so total US lane miles. A four lane highway has four lane miles per, for example. There are easily over 2 mil. miles of existing roadway already. That 0.5% figure starts to surface again, regarding just how much the Republicans plan to improve matters. 8000 four lane miles is not a lot.

    In fact the tax cut for the 0.5% of the U. S. population was not a whole lot either: After inflation, interest rate hikes, mortgage and credit rate hikes and on and on.

    The New Republicans have a "Magnitude" problem, not entirely "MAGA" in scope.

    "Crow, James Crow: Shaken, Not Stirred!"
    (Hey! How are ya, are ya, are ya(?)! Hey! How are ya, are ya. are ya(?)!)
     

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