Invest in infrastructure to create jobs.
Mr. Trump will find bipartisan support in Congress for his proposal to create jobs and stimulate the economy by building and repairing highways, bridges, water systems and other public works. But many Republicans may balk at a big spending program that adds to the federal budget deficit.
Some Democrats will resist Mr. Trump’s proposal to offer tax breaks to private companies in return for infrastructure investments, notably because the federal government is able to borrow money at exceptionally low rates. Democrats are also likely to resist efforts to waive environmental rules or prevailing-wage protections for construction projects.
I think both parties support the idea that investing in infrastructure is a good idea
It is long overdue and conditions could not be better. Construction bonds can be issues at near record low rates and wages are still low. Our infrastructure (transportation, power, communications) needs to be repaired and upgraded to modern standards
But given the inability of Congress to agree on things that they actually agree on, it is unlikely we will be able to institute anything of merit
Trump has been clear about the need to upgrade our infrastructure, but this is not a substitute for an economic plan. Build a better bridge and it will facilitate commerce but only if there are factories to ship goods across that bridge. The private sector creates all the wealth in America, and without significant investment in the private sector, there can be no significant and sustainable economic growth. The economic doldrums of the 1960's and 1970's were the result of corporations paying out nearly all their profits in taxes, dividends or pay raises to unions without retaining enough to reinvest in the private sector. Private investment in the private sector is the key to the economic growth we need to pay for everything else, security, infrastructure, jobs.
The Peoples Republic of California was given a TRILLION dollars of Porkulus to update the crumbling infrastructure of the democrat ruled sanctuary state. Besides making CALIFORNIA the BIGGEST welfare state in history, this demonstrates how these infrastructure projects work.
With a cool trillion, Supreme Commissar Brown has repaired every pot hole and widened every freeway in the klepoctracy, right? Well, not exactly. If fact, one would be hard pressed to find even a single pot hole repaired. However, the California Teachers Association was bailed out, CALPERS enjoyed a major infusion of cash.
Between 2009 and 2014, virtually NOTHING was done on California freeways, while CalTrans sopped up cash into their greedy maw. Then in 14, CalTrans HIRED private companies to actually do some work - work is below government workers.
So what has a TRILLION dollars of U.S. Taxpayer cash bought? Toll roads. That's right, all over the state, taxpayer funds have been used to add toll roads to freeways so that the well connected can keep raking in cash with no investment on their part. On some of the most crowded freeways, like interstate 10, they have actually REDUCED the number of lanes available to drivers so that the toll lanes could be added. More public funding of private profits.
So infrastructure is needed, but what we saw under Obama, as so clearly demonstrated in California, is a level of corruption that leaves little actual improvements. Can we keep the democrats from STEALING every dime? I'm not convinced we can.