2016 Postmortem
Related: About this forumDonald Trump Pitches Half-Trillion-Dollar Plan to Rebuild America’s Infrastructure
Donald Trump has a plan to rebuild Americas failing infrastructure, and it calls for at least double the spending proposed in Hillary Clintons $275 billion plan. Thats at least $550 billion, and youre really going to need more than that, Trump told Fox Business Network in an interview Tuesday.
How would a Trump administration pay for such a plan given his insistence that hes doing the biggest tax decrease?
Well get a fund, well make a phenomenal deal with the low interest rates and rebuild our infrastructure, Trump said. He said that the money in the fund would come from bonds.
Wed do infrastructure bonds for the country, from the United States, he said. We have to fix our infrastructure, but we have to fix it without cost overruns to get it done properly.
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http://nymag.com/daily/intelligencer/2016/08/donald-trump-calls-for-yuuuge-infrastructure-plan.html
grossproffit
(5,591 posts)LisaL
(44,973 posts)grossproffit
(5,591 posts)NurseJackie
(42,862 posts)NewJeffCT
(56,828 posts)they'll all be replaced with Donald Trump on the front. And, on the back, instead of iconic landmarks like the White House or the Lincoln Memorial, they'll be various Trump properties.
NurseJackie
(42,862 posts)tonyt53
(5,737 posts)In fact, it is quite the opposite. The lower the interest rates, the less the bond buyers will get in return. You really can't run a government like a business dumbass.
FSogol
(45,490 posts)Bernardo de La Paz
(49,011 posts)Thinkingabout
(30,058 posts)Yes, he wants to double what Hillary has proposed, big blowhard, he has proven this over and over.
whistler162
(11,155 posts)something about needing your diploma back!
Lower tax rates and raise the debt. Brilliant idea.
JaneyVee
(19,877 posts)Warren Stupidity
(48,181 posts)To all of you dismissing a 500b proposal, your arguments apply as well to Clinton's 275b proposal.
Just because Trump says he is for X doesn't make X wrong.
Cresent City Kid
(1,621 posts)I thought it was strange to hear him talk about infrastructure spending at a gop convention, and judging by the mild golf clap he got the gop found it stranger than I did. The depth of his policy is to propose it and complain and lash out when it doesn't get implemented, a likely outcome with a republican congress.
Warren Stupidity
(48,181 posts)shit that pops into his head.
My point was that the arguments up thread are pretty much the standard conservative arguments against deficit spending on public goods. What's up with that? If Trump announces that he will take drastic measures to convert our energy system away from fossil fuels to combat climate change are we going to pronounce here that climate change is phony science?
Wounded Bear
(58,670 posts)Sure, it's a good idea to rebuild the infrastructure, and now is a good time for the deficit spending since interest rates are low, but just declaring "I'm gonna spend twice as much as Hillary" doesn't win him any conservative votes, and his gaffes on the character issues won't go away.
Not gonna win and Dem/Liberal votes with this proposal. Nobody trusts him anyway.