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Old 11-23-2014, 05:58 PM
 
Location: Steeler Nation
6,897 posts, read 4,750,850 times
Reputation: 1633

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I am watching/listening now, and I began wondering, what happened to that$16 trillion bailout that was supposed to take care of all of this? Remember those "shovel ready" job's Obama talked about? So, he lied again.


http://www.google.com/url?sa=t&rct=j...biuKbkRIus56Pg
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Old 11-23-2014, 06:04 PM
 
Location: NJ
18,665 posts, read 19,965,821 times
Reputation: 7315
$16 trill, even if say 50% went to construction, would be a drop in the bucket. We have a huge problem money cannot solve. We have high traffic density in regions with outrageously aged infrastructure in dire need of flat out replacement, but the existing traffic means you can't just close Route XYZ for months or years on end while that occurs.

That bridge collapse in Minnesota..I'd expect many more at least that bad long-term.
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Old 11-23-2014, 06:05 PM
 
Location: San Antonio Texas
11,431 posts, read 18,996,684 times
Reputation: 5224
Quote:
Originally Posted by Ghostrider275452 View Post
I am watching/listening now, and I began wondering, what happened to that$16 trillion bailout that was supposed to take care of all of this? Remember those "shovel ready" job's Obama talked about? So, he lied again.


http://www.google.com/url?sa=t&rct=j...biuKbkRIus56Pg
If we have MORE drivers, illegals, etc paying the current motor tax, why isn't that enough?
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Old 11-23-2014, 06:17 PM
 
79,907 posts, read 44,181,556 times
Reputation: 17209
Quote:
Originally Posted by bobtn View Post
$16 trill, even if say 50% went to construction, would be a drop in the bucket. We have a huge problem money cannot solve. We have high traffic density in regions with outrageously aged infrastructure in dire need of flat out replacement, but the existing traffic means you can't just close Route XYZ for months or years on end while that occurs.

That bridge collapse in Minnesota..I'd expect many more at least that bad long-term.
The bridge that collapsed in Minnesota was one of the newer bridges. It collapsed because of a design flaw, not because it was worn out, old or in bad shape. (outside of the design flaw)
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Old 11-23-2014, 06:20 PM
 
Location: Here
11,578 posts, read 13,945,218 times
Reputation: 7009
Quote:
Originally Posted by pknopp View Post
The bridge that collapsed in Minnesota was one of the newer bridges. It collapsed because of a design flaw, not because it was worn out, old or in bad shape. (outside of the design flaw)
I was on a long-term assignment in Minneapolis that day and drove across that bridge about 45 minutes before it collapsed.
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Old 11-23-2014, 06:20 PM
 
Location: NJ
18,665 posts, read 19,965,821 times
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Mn may have, but most major cities feature infrastructure whose useful life expired several decades ago, Since then, massive structures were built over them. It may simply be economically impossible as well as not feasible (logistics standpoint) to deal with that issue.
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Old 11-23-2014, 06:29 PM
 
Location: Democratic Peoples Republic of Redneckistan
11,078 posts, read 15,077,625 times
Reputation: 3937
Bush gave our infrastructure money to KBR/Haliburton ..I wonder how Iraq's roads are now? Probably not to good,but the money was spent.
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Old 11-23-2014, 06:31 PM
 
Location: planet octupulous is nearing earths atmosphere
13,621 posts, read 12,728,425 times
Reputation: 20050
Quote:
Originally Posted by Ghostrider275452 View Post
I am watching/listening now, and I began wondering, what happened to that$16 trillion bailout that was supposed to take care of all of this? Remember those "shovel ready" job's Obama talked about? So, he lied again.


http://www.google.com/url?sa=t&rct=j...biuKbkRIus56Pg


one could rebuild all the infrastructure for 16 trillion.!!!! you must be mistaking 16 billion.. but hay billions and trillions are like millions to politicians..
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Old 11-23-2014, 06:32 PM
 
Location: Portland, Oregon
46,001 posts, read 35,169,710 times
Reputation: 7875
Quote:
Originally Posted by Ghostrider275452 View Post
I am watching/listening now, and I began wondering, what happened to that$16 trillion bailout that was supposed to take care of all of this? Remember those "shovel ready" job's Obama talked about? So, he lied again.


http://www.google.com/url?sa=t&rct=j...biuKbkRIus56Pg
Do you even have an idea of how much it would cost to repair all of the infrastructure in this country?

Also, what $16 trillion bailout was suppose to go to shovel ready projects? There was a $16 trillion bailout that went to the financial/banking industry to bailout the people who should be in prison right now, but that bailout had nothing to do with shovel ready projects.

The stimulus you are referring to was $840 billion, and only a portion of it went to shovel ready projects. Also, shovel ready meant projects that were ready to go and just waiting for money, it did not include projects that needed to happen that weren't yet ready to start construction.
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Old 11-23-2014, 06:46 PM
 
48,502 posts, read 96,833,505 times
Reputation: 18304
They must be wrong didn't Obama massive 800 Billion infrastructure stimulus with massive shovel ready jobs fix that. That is what he sold it as but really it went to special interest groups as discover long ago. Point the finger at person who was allowed to spend as wished>Obama. The infrastructure they talked about was part of the sells job. Never sold has alternative energy company funding; keep local government employee from feeling any job loses to include teachers. Two years later it happened anyway and we saw the outrage from having to be part of what happened to so many in private sector two years before. Basically divided up among democratic special interest. Obama proposed and even democrats didn't want to spend 800 billion again with Obama in charge. We just voted to spend billions from reserve STATE reserve funds on just that here. Tolls is one way if you can fund it otherwise and users pay.
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