Now that Trump has won the Big Enchilada will he keep one of his campaign promises to those working class peasants that he groomed for over a year? That being his promise to revive America’s crumbling infrastructure….
I wrote a post awhile back about the “downside” of Trump’s proposal…..the article I read was not very positive……
Donald Trump was an outsider who boldly stormed the citadel of Washington DC and won. He has promised real change, but his infrastructure plan appears to be just more of the same – privatizing public assets and delivering unearned profits to investors at the expense of the people. He needs to try something new; and for this he could look to Abraham Lincoln, whose bold solution was very similar to one now being considered in Europe: just print the money.
To be fair I read a rather positive piece written in the Washington Times…..
Additional spending on infrastructure could deliver a powerful jolt to economic growth if President-elect Trump eschews conventional government approaches and gets the money out quickly and effectively.
Sadly, the benefits of such spending attracts skeptics, because President Obama’s stimulus efforts failed so badly at creating jobs in the wake of the financial crisis and that gave infrastructure investment a bad name.
There is always two sides to every issue…..I gave my reader both sides as closely as I could and they can make up their minds if they have the energy to do so…..