Article suggests the plan is wanting for details.
.@CollinsNY27 called #Trump's proposals to date a good start on fixing the nation's #infrastructure https://t.co/nGv0uKDuP3— The Buffalo News (@TheBuffaloNews) June 11, 2017
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!
Multiple transit projects across U.S. at risk as White House infrastructure plan falters https://t.co/NidgY8ittk— Jude NagurneyCamwell (@Iddybud) June 11, 2017
Trump's "Government as firm" approach is not working so far...
confusion over where money for the infrastructure program would originate.
ReplyDeleteNo 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.
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.
ReplyDeleteWhat the fuck does this mean? What welfare?
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.
ReplyDeleteChina 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.
ReplyDeleteBob it appears that might just about be the plan...
ReplyDelete