Sunday, June 11, 2017

Trump's infrastructure plan: Where's the concrete?


Article suggests the plan is wanting for details.




Below is the wapo take; not much different.

Here is a good one from there:

Trump was supposed to spend all this week promoting his infrastructure package, but he and top aides have been beset by distractions, staffing shortages and 
[Wait for it here it comes:] 
confusion over where money for the infrastructure program would originate.
Yeah no shit!  LOL! ....  The "We're out of money!" concept strikes again!




Trump's "Government as firm" approach is not working so far...

5 comments:

Andrew Anderson said...

confusion over where money for the infrastructure program would originate.

No doubt much of the confusion is caused by positive yielding US sovereign debt. There's another reason to end that welfare proportional to account balance.

MRW said...

No doubt much of the confusion is caused by positive yielding US sovereign debt. There's another reason to end that welfare proportional to account balance.

What the fuck does this mean? What welfare?

Andrew Anderson said...

Sovereign debt is risk-free, at least nominally. Nor do the richer have any more right to be protected from price inflation than the poorer. Thus positive yielding sovereign debt is welfare proportional to how much of that sovereign debt one holds.

Bob said...

China has the munnie. Sell our infrastructure to China for the munnie. Then use the money to pay back the tolls. Trust me, you'll love it. It will be great.

Matt Franko said...

Bob it appears that might just about be the plan...