Infrastructue

tecoyah · Jan 15, 2013

With the distractions presented by our fiddling over money...it seems to me our future is being neglected to the extreme. Should we allow this country to degrade beyond our ability to repair it, we must rebuild it....which will be far harder to accomplish.

A new report by those "In the Know"....has given a bit of reality to my long standing fears:

"

$3.1 trillion in GDP, almost the equivalent of Germany’s entire GDP
$1.1 trillion in U.S. trade value, equivalent to Mexico’s GDP
3.5 million jobs, more than the jobs created in the U.S. over the previous 22 months
$2.4 trillion in consumer spending, comparable to Brazil’s GDP
$3,100 in annual personal disposable income"

The full report is in the link...I would like a bit of input from those willing to read it...thank you in advance.

http://www.asce.org/uploadedFiles/Infrastructure/Failure_to_Act/SCE44 summary_report_FINAL-hires.pdf

myp · Jan 16, 2013

What else is being neglected by Congress is right now is the perfect time to spend, especially on investments like infrastructure. Borrowing rates are amazingly low.

tecoyah · Jan 16, 2013

myp said:
What else is being neglected by Congress is right now is the perfect time to spend, especially on investments like infrastructure. Borrowing rates are amazingly low.

I agree, if is done carefully

A Planned venture....like the highway bill

David · Jan 16, 2013

myp said:
What else is being neglected by Congress is right now is the perfect time to spend, especially on investments like infrastructure. Borrowing rates are amazingly low.

The word spend sends TPers scurrying about like roaches from a bight light... Won't happen until intelligent people retake the gov't.

artistry · Jan 21, 2013

The bill for fixing the country's infrastructure, by getting new jobs, is sitting on Boehner's desk from over a year ago. They wanted to hurt Obama. Maybe the bill will be passed now.

RoccoR · Jan 22, 2013

artistry, et al,

I don't really think that the Honorable John Boehner (R-OH 8th District), Speaker of the United States House of Representatives, has any intention of helping America as a nation, improving the economy, rebuilding the deteriorating infrastructure, or advancing scientific research, or developing an affordable education plan for our youth.

He is a politician. That is one step below a "Used Car" salesman.

artistry said:
The bill for fixing the country's infrastructure, by getting new jobs, is sitting on Boehner's desk from over a year ago. They wanted to hurt Obama. Maybe the bill will be passed now.

(COMMENT)

Pass, maybe! But he'll expect some bribe in return. That is the nature of a politician that has no other skill set except to seek more money, garner more influence, and gather more power.

Don't get your hopes up. He is a 20th Century Politician that doesn't have a hope of bringing America into the 21st Century. We will have to yet wait, for someone else, a true leader.

Most Respectfully,
R

Stonewall · Jan 22, 2013

myp said:
What else is being neglected by Congress is right now is the perfect time to spend, especially on investments like infrastructure. Borrowing rates are amazingly low.

They sure are. Especially for a nation multi-trillions in debt, with multi-trillion dollar deficits and unfunded mandates staring it straight in the face, with a new health care mandate that will bankrupt this nation, I agree, the rates are amazingly low.

given any of us were underwriters, we'd laugh at the US coming to our establishment for a loan. Their debt to income ratio an absolute joke, our economy stagnant, taxes rising on job producers.

The rates are artificially low, does that bother anyone?

for cryin out loud.

Stonewall · Jan 22, 2013

RoccoR said:
artistry, et al,

I don't really think that the Honorable John Boehner (R-OH 8th District), Speaker of the United States House of Representatives, has any intention of helping America as a nation, improving the economy, rebuilding the deteriorating infrastructure, or advancing scientific research, or developing an affordable education plan for our youth.

He is a politician. That is one step below a "Used Car" salesman.

But he's merely Speaker of the House, the Senate run by Democrats and this President's record of economic misery and......oh I forgot...Obama nor Reid or any of the Democrats are policitians one step below used car salesmen...or used car saleswomen?

tecoyah · Jan 22, 2013

Stonewall said:
But he's merely Speaker of the House, the Senate run by Democrats and this President's record of economic misery and......oh I forgot...Obama nor Reid or any of the Democrats are policitians one step below used car salesmen...or used car saleswomen?

Your "Opinion" is noted...I would prefer some level of Data driven discourse however.

It is important in this forum, that debate actually take place.

There are many others that are fine with allowing the membership to vent, debase, and make fools of themselves for entertainment.

There is no place for this here

myp · Jan 22, 2013

Stonewall said:
They sure are. Especially for a nation multi-trillions in debt, with multi-trillion dollar deficits and unfunded mandates staring it straight in the face, with a new health care mandate that will bankrupt this nation, I agree, the rates are amazingly low.

given any of us were underwriters, we'd laugh at the US coming to our establishment for a loan. Their debt to income ratio an absolute joke, our economy stagnant, taxes rising on job producers.

The rates are artificially low, does that bother anyone?

for cryin out loud.

Maybe the market isn't laughing because it actually understands the market unlike you... US debt is still a pretty good option to store value in and hedge other investments.

rightwinger · Jan 26, 2013

myp said:
Maybe the market isn't laughing because it actually understands the market unlike you... US debt is still a pretty good option to store value in and hedge other investments.

It's only good if it has any likelihood of being paid off, and with republicans and democrats spending like drunk sailors and default on the horizon, you better get out of US debt if you can

myp · Jan 27, 2013

rightwinger said:
It's only good if it has any likelihood of being paid off, and with republicans and democrats spending like drunk sailors and default on the horizon, you better get out of US debt if you can

Right now it looks pretty good that it will be able to be paid off, but your statement isn't necessarily too given the huge secondary bond market. If you see default on the horizon for the US then relatively you must see everyone else already in default. Win still goes to the UST.

Infrastructue

Similar threads