UH OH....The infrastructure plan is failing too

Discussion in 'Politics' started by txlonghorn, Oct 21, 2010.

  1. txlonghorn
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    txlonghorn Senior Member

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    US shuns some big public works projects - Yahoo! News

    I guess Gov. Christie isn't alone in his wisdom. But...the reality is plain and simple...you can't spend what you don't have.
     
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  2. saveliberty
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    saveliberty Diamond Member

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    Subjugating state's rights to the federal funds dollar is not very attractive these days.

    Besides, its hard to make a case for a big road project with no police protection after its built.
     
  3. waltky
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    waltky Wise ol' monkey Supporting Member

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    Ain't dat leverage stuff what got us into the financial mess we in??...
    :cuckoo:
    Infrastructure bank: Plan would leverage federal money
    March 15, 2011: A bipartisan group of lawmakers want to create an "infrastructure bank" that would help finance infrastructure projects. Can the federal government leverage $10 billion in spending into $640 billion in funding to build new roads and bridges?
     
  4. gekaap
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    gekaap BANNED

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    The problem with saying "you can't spend what you don't have" is that it's never before been true when it comes to the government. For decades the government has been spending money it doesn't have. It's become institutionalized into the culture. Politicians don't even talk about eliminating deficits, or reducing the debt. They actually parade increases to the debt as good things, and the public swallows it hook, line, and sinker.
     

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