◄▬▬ Here are the numbers we got on 'infrastructure' spending (click to enlarge).
Related IBD articles:
I am all for rebuilding OUR infrastructure!
To hell with the rest of the world! I dont want one red cent to be spent rebuilding Muslim countries!
A lot can be hidden in percentages:
http://www.artba.org/economics/2016-u-s-deficient-bridges/
There are nearly 204 million daily crossings on 58,495 U.S. structurally deficient bridges in need of repair.
A stimulated economy will bring in the money to build the infrastructure. Fair bidding will keep the prices down.
As long as a wall is part of the infrastructure, I’m good.
Happy Thursday --Humphday for stocks as yesterday's close saw a mild rebound in fading trade volume. "Not to worry" say the futures traders, we now see 'em up +0.44% although metals could go -0.68%. Current prices gold, silver: $1,353.66, $20.27.
From the number geeks:
7:30 AM Challenger Job Cuts
8:30 AM Initial Claims
8:30 AM Continuing Claims
10:00 AM Factory Orders
10:30 AM Natural Gas Inventories
--and from the wordsmiths:
The First Conspiracy Theory About the Jobless Rate - Josh Zumbrun, WSJ
Under Clinton There Will Be Labor Federalization - John Cochrane, TGE
Fed Price Fixing, and How It's Hurting the Economy - Steve Forbes,Forbes
Biggest European Banks More Troubled Than U.S. - Shawn Tully, Fortune
Farm Jobs Dwindle, But the U.S. Feeds the World - Daniel Gross, S+B
When So Much Seems So Wrong, Why Own Stocks? - Ken Fisher, Forbes
Don't Fear This Market Pullback, Embrace It - Kevin Marder, MarketWatch
“Largely overlooked because of the dust over his attacks on Khizr Khan”
What the H*ll is wrong with these people. Trump DID NOT attack Kahn.
This “Kah” story is proof that if you tell a lie often enough, it becomes the truth and the ignorant believe it.
Let’s just throw another trillion to the fight in the Middle East. That was always such a good investment for America. NOT!
Have these people complained about the hundreds of billions of dollars the U.S. government has thrown at rebuilding Iraq and other Muslim counties’ infrastructure?
I’m sure the number of cars and trucks has also increased by 400% since the 1950’s, as well.
Trump did not make any attacks on Khan!!! Really sad when every media outlet is parroting this nonsense.
I would support doing this IFF you also cut welfare to pay for it. Better to pay people to work on something productive.
Uh, big difference perchance, Trump would actually build the stuff without the governmental $1000 signs instead of tunnelling the stimulus money to solar companies and labor unions and Iran?
Oh, and a strategically placed southern wall.
Ok, IBD is part of the Koch GOPe. . They suck.
This graph means nothing. Maybe increased spending is because the infrastructure from the fifties is now falling apart.
Spending has been increasing, but is it enough to keep up with the decay?
Everything in context
There is a big difference. Trump will actually fix the infrastructure.
Another GOPe Rino, Never Trumper that went on CNN and confirmed that he will not support Donald Trump for POTUS.
Kinzinger is just another little weasel punk that has turned on those in Illinois that worked for and supported him, which put him in office.
CHICAGO (AP) _ Illinois Congressman Adam Kinzinger says he cannot support Republican presidential candidate Donald Trump.
During an appearance Wednesday on CNN, Kinzinger said he is unlikely to vote for Trump because the nominee was beginning to cross a lot of red lines of the unforgivable in politics.
http://fox2now.com/2016/08/03/illinois-gop-congressman-says-he-cannot-support-donald-trump/
Not to quibble with the IBD editorial board, but Trump knows a thing or two about building things.
When he says he can put together a structure, he seems to know how and what to do...often on time, under budget, and with ACCOUNTABILITY.
I really don’t fear an enforcement of the “general welfare” clause under a Trump administration.
* DJT is taking of a new Gov't Bond to pay for this.
* Great but how do you pay back the Bond Holders ( us that buy them ) and pay the "Coupon" on the Bond even if it is a "Zero" Where is the income stream from these new roads to justify it.
* Also how will the roads be built, especially in Northern Climates.
* The EPA does not allow Coal Ash in Concrete which is a water dispersant and adds to the life of the road.
* Their are new high tech replacements for the ash, will they be mandatory?
* Will the roads be thicker more robust?
Answer these please Team Trump, I don't want to throw good money after bad....
Our roads and bridge ARE crumbling. I’m all for infrastructure spending but it can’t come with all the strings that the O entangled those federal dollars with. He played politics with the money. Rebuild the goddam bridges, tunnels, highways, sewer and water treatment plants, etc. without any carrots and sticks.
Under Obama they lied, so easy for Trump to say he would actually spend twice what Hillary lies about spending.... but who knows where Hillary's money will go!
http://humanevents.com/2010/09/08/scandal-less-than-7-of-trilliondollar-stimulus-spent-on-infrastructure/
Everything is “too hard to do”. Everything is “already great, never stopped being great”. We need to learn how to do hard things again, like fighting all the way to victory in WWII, and going to the moon in the sixties. Maybe the next few generations can do hard things that matter here without the waste, fraud, and bureaucracy. That is supposed to be the “peace dividend” handed down from when we were great. Too bad we already squandered that opportunity since the time where Reagan won our last big victory.