Of course the most important key fact is left out. He’s not talking about government spending, he’s talking about an infrastructure bond fund, i.e. private investors with private money. And, if you are worried about your borrowing costs, then it is indeed time to do financings.
Infrastructure spending is a job creator by swapping debt for asset...as a businessman, Trump understands this concept. The bulk of Obama’s deficit spending went up in smoke...failed green energy companies, corporate bailouts,Obamacare and increased social and unemployment payouts. By increasing the GDP and lowering the debt-to GDP ratio, he will make America great again and generate the wealth to start tackling the federal debt.
So private investors with private money will rebuild the bridges and the interstate and rebuild the airports? Why aren't they doing that now? How do they get repaid?
I listened to the CNBC interview, and he was talking about government debt, also saying hopefully joined by private.
What you are describing is what standard federal debt is—provided through bonds for investors.