2012 Election Isues #3–InfrastructurePosted: 31 October 2012
Sandy should make this issue a bit more important…….
Here is one that should make all concerned heads explode……..our infrastructure which use to be the envy of the world is old and decrepit …..our highways have potholes the size of Rhode Island, our bridges are falling apart slowly but methodically and our rail system is something out of the 1920′s and yet this was not important enough to talk about in the debates…..what will Mitt do? What will Obama do?
President Barack Obama has favored stimulus-style infrastructure spending plans, talking up highway, bridge and rail repairs as job creators, and pushed for innovations like high-speed rail and a national infrastructure bank to finance projects with the help of private capital. But Republican opposition to increased spending and taxes has blunted many such plans.
Mitt Romney favors less involvement by the federal government in infrastructure, preferring to let states lead the way. Romney shuns the idea that public-works spending is a good way to jumpstart the economy, saying decisions on worthy projects should be based on need and potential returns. Romney also wants to privatize Amtrak by ending federal subsidies for the money-losing passenger rail system. He’s OK with borrowing to pay for megaprojects if there’s a revenue stream to pay the money back, like tolls or port fees.
This is a simplistic answer to the question….but at least the voter now has at least an idea of the stances……this is another one of those issues that few people want to talk about but everyone uses them daily…..something we talk for granted but seldom want to do anything about the destruction of the system….