Posted on 03/13/2017 6:55:25 PM PDT by 2ndDivisionVet
Infrastructure spending is the key to increasing economic growth, because it will give Americans better-paying jobs, a prominent investment banker and economist said.
"The private sector has done all it reasonably can, yet the U.S. labor market remains a shadow of its former self. It is time to rebuild America," Daniel Alpert, a founding managing partner of Westwood Capital, said Monday in a presentation titled "The Case for Aggressive Fiscal Spending on Infrastructure in 2017."(continued)
(Excerpt) Read more at cnbc.com ...
It better, the price of stuff will be going up....
Wages are so suppressed cost push inflation is not a real possibility.
It was going up while wages stagnated under Mr. Obama.
Infrastructure spending is the key to increasing economic growth”
I suppose that depends on Who is running the Jobs. Here in SoCal, I have seen the same 9 guys replace the center divider on the 210 freeway for the last 6 years! They have 2 to go still. Only 5 work at a Time.
They built the Entire Extension of the 405 from LAX to the 5 in 3 Years(1958)
How does government create a job?
thanks.
If Yellen is going to be aggressive in rate increases
and jobs come back to the U.S., I’m guessing prices can’t help but go up.
By getting smaller. That simple. By sticking to what it is supposed to do. Infrastructure and defense.
By not sucking 50% of every dollar earned and wasting it rather than letting it go into the productive economy the brakes will be released.
(The government doesn’t really create jobs, it has just been a vampire sucking half the life blood out of the economy. Extract the fangs and jobs will boom.)
“Investment Banker” i.e. one who makes money on financing (loaning money, or arranging the loaning of money, for capital investments, i.e. supposed “money making” developments.
However, the “investment banker” makes their money 90% of the time, whether or not the “development” pans out, or goes broke, or just never delivers on the “projected” income stream from it. Regardless, the investment banker will have made their money and the lending bank will still have a loan that has to be paid off.
It’s all about profits and new income streams for the big banksters, driven, supposedly by “development” induced by “infrastructure” spending.
God bless DJT, always.
By removing all obstacles
More government debt = government "giving" us more jobs.
Seems we have heard this before.
Hopefully ALL professions will be needed in the infrastructure project and hopefully they will also start on the energy independence project simultaneously.
Dear God, give us jobs, and plenty of them.
Those are the guys you see. Behind them, are engineers-both internal to the DOT and consultants, planners, budget office staff, etc.
It’s funny the business Community loves him jobs Market is going crazy stock market is going crazy all the economic indicators Point to Trump being a winner
Yet the political side the powers-that-be are fighting him like crazy trying to destroy him it just shows you the powers-that-be don’t give a rat’s ass about us the people or the economy it’s about their power
People we have something really evil going on in this country democracy is a joke .. there’s an entrenched power system which is basically intends to rule... the oligarchy of the left
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