Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
First, Trump’s plan is not really an infrastructure plan. It’s a tax-cut plan for utility-industry and construction-sector investors, and a massive corporate welfare plan for contractors. The Trump plan doesn’t directly fund new roads, bridges, water systems or airports, as did Hillary Clinton’s 2016 infrastructure proposal. Instead, Trump’s plan provides tax breaks to private-sector investors who back profitable construction projects. These projects (such as electrical grid modernization or energy pipeline expansion) might already be planned or even underway. There’s no requirement that the tax breaks be used for incremental or otherwise expanded construction efforts; they could all go just to fatten the pockets of investors in previously planned projects. ...
Trump’s Infrastructure ‘Plan’ Is Really Just A Privatization Scam
Trump’s plan does not call for public investment in public infrastructure, nor does it call for hiring local construction companies using American suppliers and creating jobs for American union workers. Trump’ plan is for the government to spend money giving tax breaks to giant, multinational corporations and calling it infrastructure investment. Any actual infrastructure investment that does occur will bring a return on that investment of taxpayer money to a few 1%-ers and not to We the People.
Ronald A. Klain oversaw the team implementing Obama’s 2009 American Recovery and Renewal Act, known as the “Stimulus.” Klain wrote an op-ed appearing in the Washington Post, titled “Trump’s big infrastructure plan? It’s a trap.” Klain explained that the plan isn’t even really even about infrastructure:
Read the rest of the article...it is mind-blowing and disgusting.
Also a good article which quotes the original, to continue:
Quote:
...Second, as a result of the above, Trump’s plan isn’t really a jobs plan, either. Because the plan subsidizes investors, not projects; because it funds tax breaks, not bridges; because there’s no requirement that the projects be otherwise unfunded, there is simply no guarantee that the plan will produce any net new hiring. Investors may simply shift capital from unsubsidized projects to subsidized ones and pocket the tax breaks on projects they would have funded anyway. Contractors have no obligation to hire new workers, or expand workers’ hours, to collect their $85 billion. ...
Also a good article which quotes the original, to continue:
I did read it and Randi Rhodes was speaking about this yesterday. How many ways can they screw the American people? I'm more and more disgusted by the people that didn't vote in protest and allowed this crap to go down.
This is a huge scam. Trump should apologize for lying about this "infrastructure plan". Another big money scam on the American taxpayer to benefit his contractor cronies! Enough already!
This is a huge scam. Trump should apologize for lying about this "infrastructure plan". Another big money scam on the American taxpayer to benefit his contractor cronies! Enough already!
Additionally (as if necessary ) it highlights the many & diverse 'conflict of interest' issues Mr. Trump is attempting to deflect.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
