Posted on 04/11/2017 10:12:17 PM PDT by Tolerance Sucks Rocks
BADEN-BADEN, Germany — Governments need to do more to create growth that benefits everyone, and the U.S. should spend more on roads, highways, bridges and airports, the Organization for Economic Cooperation and Development said Friday.
The body, which includes the world's better-off countries, said in a report that governments should focus on providing better access to high-quality education and supporting employment for women through measures like affordable child care. It also highlighted the need for more spending on infrastructure.
OECD Secretary-General Angel Gurria called for an "upskilling of the workforce" to address worker anxiety about the future of their jobs amid technological change: "more focus on the type of education and the type of skills that you need that are being demanded by the productive sector, not merely more diplomas."
(Excerpt) Read more at nwitimes.com ...
“more focus on the type of education and the type of skills that you need that are being demanded by the productive sector, not merely more diplomas.”...
Though I don’t give a #### about their opinion, unless they want to pay for the infrastructure changes, this guy is RIGHT.
Diplomas will mean nothing in another ten years as standards are lowered more and free tuition spreads more.
What other projects besides roads, bridges, hospitals, municipal water treatment facilities, schools, etc. will be part of the infrastructure program? Will there be any upgrading of existing refineries or installation of new refineries or gas processing facilities? Any construction of new LNG facilities?
Organization for Economic Cooperation and Development, in Germany no less. A bunch of academics that have never produced a single fraction point of GDP in their parasitic scholastic lives telling the most awesome economic power the world has ever known what it needs to do to succeed.......
An old song comes to mind along the lines of If you mind your own business then you won’t be minding mine......
Just as with 0bamba’s foolish infrastructure bill, Trumps will also fail.
How many times do we have to try these boondoggles before we finally decide that Keynesian economics doesn’t work?
Just when you thought you’d already had quite enough lifestyle lecturing from your government, along comes some busybody from Brussels with more ‘suggestions’.
Trump’s program is likely to be Constitutionally sound, along the lines of building and maintaining roads, as opposed to Obama who handed out money for everything but building roads.
I think I could argue against the bill on constitutional grounds, but in this case, I argue against the Keynesian fallacy that such spending is a stimulus to the economy. Since the money being spent must also be confiscated from the same economy being "stimulated", the net result is, at best, a wash.
Yes...how much WEALTH is squandered by the collection of taxes. Once one of these geniuses can delineate the difference between money and wealth, I’ll start listening.
Germany advising taxpayers on spending? Union bailout. Not just no..
I am Never Stimulus.
Show me where the federal gas tax dollars have gone? What? Using them to prop up obama phones and Fannie, Freddie? No?
Or sucked up by borrowing...
Article I, Section 8: “The Congress shall have Power To establish Post Offices and post Roads”
It should be pointed out that most of this hypothetical money would not be spent on new roads but simply maintaining, repairing and perhaps upgrading the roads we already have. Right now there’s a lot of Federally-mandated interstate highway mileage that states have been maintaining for the Feds that the Feds haven’t paid for. The Feds funneled money to Bridges To Nowhere, Trains To Nowhere, Bike Trails Nobody Uses, etc., etc, instead of fulfilling their responsibility to pay their share of the maintenance costs of the roads *they* required be built.
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