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To: nathanbedford

“...massive increase in spending on infrastructure ...”

Would that not result in massive construction jobs being created? We do need to cut wasteful federal entitlements, a bloated bureaucracy, etc. and Trump clearly prides himself on keeping unnecessary costs down; look at how well he has kept spending under control in these primaries and the current campaign. The government’s (only) role is to protect us and to maintain our infrastructure.

Spending on construction jobs for real/actual badly needed infrastructure projects and doing it right (without padding and corruption and favors to certain contractors etc.), ought to be considered a plus for Trump. Trump knows how to build and knows how to stay on budget; construction is his expertise.


66 posted on 09/28/2016 5:30:20 AM PDT by stonehouse01
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To: stonehouse01; grey_whiskers
The problem with government spending on infrastructure as a means of increasing employment is that for every dollar spent one dollar is extracted from the private economy and the private economy, therefore, has one dollar less with which to innovate and create more employment.

Presumably, the private sector will create more jobs with that dollar than will the government for a number of reasons. The private sector is much more efficient because inefficiencies are simply cleaned out of the marketplace by competition. The government is less efficient because it is bound up by rules and regulations which, unfortunately, a president Trump cannot circumvent which are designed not to be efficient but to accomplish other political goals such as bringing pork to the districts at home. Finally, government spending is often spent on an inappropriate purpose such as solar panels. Worse, the solar panels were funded because they made political contributions so there are potential for massive distortions of the economy.

All in all, infrastructure spending by government is an inefficient way to grow the economy. It may be that infrastructure should be improved but that is a decision which should be made on its own merits not as a job producing measure or sold as such.

It might be argued that the dollar which is taken out of the economy for government spending is not actually taken out of the economy in today's world of mega-deficits and mega debts, the dollar is merely added to an imaginary debt which we all know will never be paid off anyway. I leave that conundrum to those who want to consider the coming apocalypse.

The Democrats are not stupid in the IQ sense, they are aware of the dangers posed by our debt overhang yet they persist in extending the debt and obstructing every reasonable effort to contain it. Why? I think we have to take one step back before Cloward and Piven and look at The Frankfurt School with its doctrine of "critical theory" which borders on nihilism and which provides the rationale to bring down the Temple. Not incidentally, it also provides the rationale for the flag salute protests.


75 posted on 09/28/2016 5:48:44 AM PDT by nathanbedford
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