Funding crony capitalism, and showering money on people who have no idea about fiscal responsibility in state and municipal governments.
Great way to p*ss away money we don’t have and now never shall.
world crisis - Stock Market Crash ‘29 = Covid ‘20
capital attack - January 6th = Reichstag Fire
spending - Infrastructure Plan = Autobahn
there are about 5-6 other direct correlations.
“Remake roads & bridges in ways that save fuel & curb emissions”
CAN ANYONE on this site tell me what that says??
Roads in existance need to be kept in repair....how do you build a ‘new road or bridge’ that does as said above???
We are going to have a 6 trillion dollar deficit this year.
Says
That's $2,050B, so there must be more.
The article in this thread pretty much obliterates the $650B of infrastructure.
Home care I can get behind as it's much cheaper than nursing homes and hospitals. But only if it's done right. If the break down looks like the infrastructure portion then no. The aging population is going to need more money in this area. Unless you Cuomo them into an early death.
And I wonder how much of this gets rolled into the annual budget and becomes recurring, like Obama's $700B plan did.
The best thing for manufacturing is protective tariffs. Though I would like to see some funding, maybe low interest loans to help new manufacturing plants that are coming from overseas. Especially high tech stuff, robotics, motors, electronics, electrical equipment (big import from China), machinne tools. Anything we might need for military.
And manufacturing of critical supplies like PPE, and drug components.
And clean energy credits? Does this imply they are planning to put in place carbon tax?
I don't trust the Biden administration to implement any of it. Trump would have implemented it and gotten good value for the $. But Biden is likely to fund his bundlers and increases in the size of government the way Obama did.
What we peons can do is limited.
Gripe.
Pray.
Hope R Senators can stall and possibly reduce the pain.
Buy PAVE & GRID and other investments to make a buck from this insanity.
(Not advice... just an example)
And push for election reform in States.
Trillions for pork, not a penny for defense.
“Infrastructure” Plan = Pay Off To the Wise Guys
2022 election nearing fast