Infrastructure: Well guys what about it. The infrastructure is the glue that holds the pieces together! Infrastructure includes roads, dams, power transmission cables and the internet.
Simply maintaining the infrastructure will do more to help with the oil problem than any thing! Huge savings in gas and diesel would be almost immediate. Furthermore; We have to take care of the infrastructure anyway!
What's the Problem? People do not know the difference between " Keynesian Economics" and socialism. These projects always turn into another chance to pick the taxpayers pockets and support Union cronies! The point is that one must invest wisely. Some people mistakenly believe that the government can create wealth. Just like you the bills come due.
The proper application of the Keynesian Model takes advantage of low prices and interest rates to do things that need to be done. The government must limit itself to getting the best price for those things that need to be done and will ultimately help when the bill comes due; and, the bill always comes due. Labor costs are low ergo we do those things we should have done before; kitchen economics. Trying to get the best value for the work puts our politicians in direct conflict with the unions they are beholding to.
The government needs to take care of the infrastructure before it can be allowed to take-over medicine and everything else under the sun!
So what is this stimulus bill they are talking about? We are all going to pay dearly for this with higher interest rates sooner rather than later. The credit squeeze was what got us in this mess in the first place. We need to get the most bang for the buck. Doing necessary repairs on pre existing infrastructure isn't very glorious and we will not get our names on brass name plates. We can indulge our selves with extravagant new projects while we let existing infrastructure crumble.
I don't really know what is in the "stimulus"; But, I have a bad feeling about it. The thing is either way we are going to pay, big time. Repairs on existing infrastructure have to be done and now is as good a time as any. I feel that much of this package has nothing to do with infrastructure and the parts that do lean toward extravagant new projects. Getting congress to create a "stimulus" is like putting a drug-addict in charge of a pharmacy. What is this business about creating a data base so people don't get the wrong medicine? I have a $10.00 a month web-site with a SQL server. Are doctors really that backwards and should John Q. Public pay for that?
The US Army Corps of Engineers has already compiled a list of needed repairs to our infrastructure. Some of these repairs are marked urgent. There is enough in this list to send congress on a spending orgy and give Nancy Pelosi an orgasm! Anything that is not specifically mentioned on this list is by definition "PORK"!
Much has been said about tax-breaks for John Q. Public. Tax-breaks for John Q. Public are good for getting votes; But, if you want to use tax-breaks to bolster the economy, these breaks must be used to lure potential job creators. Democrats call these tax-breaks for the rich. When a person is deciding weather to build a business in the USA or some other country taxes are a major issue. Tax-breaks for the rich will eventually make things better for the poor.
Finally we need to remember that nobody knows how to cash the checks that President Johnson wrote 40 years ago (Great Society)! The idea that because President Bush ran the economy off a cliff, Obama should run the economy off a bigger cliff is nuts. Many conservatives feel betrayed by Bush and his Iraq War. Ron Paul stood against the Iraq War when it counted.
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