Skip to comments.5 Myths Behind Obama's Infrastructure Spending Push
Posted on 09/15/2011 11:08:07 AM PDT by Slyscribe
Shortly after the $830 billion stimulus bill was enacted in 2009, President Obama boasted that it included the "largest new investment since President Eisenhower built the Interstate Highway System," and said it would "help states create a 21st century infrastructure" and "fuel growth in an industry that's been hard hit."
Now, nearly 2 1/2 years later, Obama wants another $50 billion as part of his American Jobs Act to create jobs and fix "our crumbling infrastructure." But he still seems to buy into several myths about the nation's infrastructure.
(Excerpt) Read more at investors.com ...
Nobody belives Hussein.
Where is the trillion in the baseline budget from last year.
"largest new investment since President Eisenhower built the Interstate Highway System"
I am amused that Mr. Obama equates the Interstate Highway System with "infrastructure improvement." I was alive when President Eisenhower built the project; it was sold as a defense project, so that tanks and trucks can keep our armies moving well during war on our soil. The citizen benefit was secondary, although a very persuasive secondary purpose.
Can you see Obama pushing any defense project, even if it would help the job situation? I don't think so.
I don't see why we just don't spend a couple of hundred million on studying the feasibility of HS rail. Then we could spend a couple of hundred mil more for environmental impact studies. Another couple of hundred mil would be allocated to decide all the court cases and finally, a last couple of hundred million to advertise what a great job the government is doing putting all those central planners, regulators, bureaucrats and lawyers to work.
The roadways of the Intrerstate System were also planned to serve as runways for military aircraft.
Exactly. The biggest myth about infrastructure spending is that it is spend on "crumbling" roads and bridges. It isn't. There is plenty of money in the current budget to deal with the true problem roads and bridges. And as has been pointed out, adding more money doesn't mean that we have an ability to deal with all the problem roads at once--they aren't "shovel ready."
Rather, the states take the extra money and spend it on useless crap like fancy electronic road-side billboards that say "Don't Drink and Drive", a road sign every five feet and sidewalks in the middle of farm country where no one walks. And they are all installed by connected contractors using overpriced union labor. Its a scam.
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