Skip to comments.Cantor Caves? Tweets Supprt for 'Smart' infrastructure spending.
Posted on 09/10/2011 8:20:35 AM PDT by Maelstorm
(Excerpt) Read more at twitter.com ...
1. The first stimulus spent $30 billion on highways. That's it - of $840 billion, just 3.6% was spent on actual infrastructure. And of that amount allocated, just 1/3rd has actually been spent so far - basically nothing has actually been spent on infrastructure.
It was a union/State bailout package, NOT an infrastructure package no matter how it was pitched.
2. We have deteriorating highways, airports, and bridges, and with the floods and damage from earlier this year we have a lot more. IF the Government is going to spend any funds, then spend it on something that will actually keep our economy rolling - roads and bridges. They need to be maintained, they need to be rebuilt - it's part of what keeps what little economic activity we have actually rolling.
Cantor's right - SMART spending on infrastructure - replacing damaged roads and bridges, expanding airports - is a good use of any spending the Government's going to do. That's what Government is SUPPOSED to do - not spend it on welfare, or unemployment insurance, or subsidized housing.
Democrat sleeper cells within the Republican Party? Operatives laying low until they get their orders?
Is the cyclical big-a$$ Highway Bill up for a vote soon anyhow? Both parties love that bill and pile crap high and wide onto it.
Sheesh... what part of no new stimulus spending period, do you not understand? keynesian economics is a lie... just like marxism. cantor is a progressive... so he cannot be a good guy.
I really don’t think that it’s so dang hard for the Republicans to craft a response to Obama’s “Jobs Bill” along the lines of.......We will study the legislation when it is written and scored by the budget office. We will attempt to find common ground on as much as possible, providing that all American’s will benefit and that long term job growth will be assured with it’s passage.
Fool me once, shame on you..............
Actually, we spent very little of the original stimulus on infrastructure. I’m going entirely from memory here, but I think a few days ago I read that there was $50 billion, of which they only spent about $30 billion.
Infrastructure spending isn’t a GREAT way to stimulate the economy. But it has one advantage, assuming you don’t make up projects — when you are done, you’ve actually got something you needed to show for it.
Then, you don’t have to fix it later, so you save money later. It is actually an “investment”, or put a different way, an acceleration of spending you’d have to do anyway. So you borrow the money to do it, you have to pay back the money, but you have the bridge you needed, or the new lane of road.
This requires that the infrastructure be something that was needed, and would have been done eventually anyway.
As an illustration, if you are afraid of the money system collapsing, and you have money now, and don’t want to invest it, one way you CAN prepare is to go buy assets that you will need, and that will last. Like, if you didn’t have a home, you could buy a home. No matter what else happens, you’ll have a place to live. You can buy long-term food, you can buy clothing you’d need next year, etc.
Cantor is an A-Hole,another Rino Sellout.
Where is Sarah Palin we need her to Get into the Race and Expose the whole Corrupt mess down there INCLUDING REPUBLICANS! Hey Cantor I dont know How Smart any of this Crap is but we DONT have the Money and we dont all Build Roads and Bridges
I wasn't getting hysterical.
I was just pointing out the obvious.
Since you brought up Sarah Palin, I would point out that she supported the portion of the earlier stimulus package that dealt with infrastructure, she accepted it, and she said it would create jobs in Alaska.
So I wouldn’t use her to attack Cantor on infrastructure spending.
I’ve seen no announcement of such a plan, so unless the poster was actually a high-ranking RNC official, I wouldn’t run off assuming they are correct.
“RINO” = I disagree with the last thing he said.
Thanks for posting that link. I found it to be a very interesting and well-written article.
Again, I should read the thread before posting, you are right and said it better than I did.
.. Am I suppose to believe theyll put their name on another stimulus package of that size? With Ozero in the weakened state hes right now ?The Tea Party will bail and sit home, expecially if the spending cuts are 10 years from now. Never going to happen, IMO
Cantor is just playing around, for PR purposes, I would suspect.
Sorry, I wasn't aiming the hysterical part at you. I agree with you that the infrastructure stuff is just code for union jobs. The hysterical part was aimed at others that seem to be hyperventilating at a single Cantor tweet.
Yep unfortunately. I personally like Eric but this kind of crap is telegraphing the wrong message. It is clear to me that they are trying to avoid a reignition of the of the same thing that led up to 2010 and that speaks volumns aboid the goals of the GOP. It is clear that a majority of behind the curtain the power brokers don’t want the GOP to become continue to become the Tea Party party which is exactly what will happen if a replay of 2009-2010 occurs going into 2012. They want to manage things so that the GOP wins but not officially under the Tea Party banner.
Truthfully I still believe Cantor and others in leadership are trying to subtlely clear the way for Mitt Romney.
I don’t know for certain but the unspoken thread is fairly clear. They do not want a Sarah Palin or Michelle Bachman or even a Rick Perry. They want to re-establish the establishment.
How else do you explain the no-brainer potential to turn this minime stimulus into a big boondoggle to hang around Obama’s neck?
I hope they realize that Obama is counting on a severe economic crisis next year to allow him to trap the GOP into another big spending TARP style mess.
Why doesn’t the House pass the “American Jobs Bill” (as they would write it) since no bill as Obama speechified actually exists?
"On the whole these things that are good for the state we will appreciate those dollars coming as an addition to our economy, certainly the construction projects we are still looking forward to those because those are what actually create the jobs."Since I presume you don't think Sarah Palin endaged in "crony capitalism", you must see that infrastructure spending isn't "crony capitalism".