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Old 11-24-2014, 06:53 AM
 
Location: Barrington
63,919 posts, read 46,748,172 times
Reputation: 20674

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Quote:
Originally Posted by urbanlife78 View Post
Seeing inspectors found issues with this bridge about 5 years before it collapsed, this bridge would have gotten the needed repairs if the funding for infrastructure repair was there. We tend to let too many bridges and infrastructure go without repair because there isn't enough money to go around.
Maybe infrastructure should become a state issue. As it stands, funding for these projects are bargaining chips for votes in Congress.
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Old 11-24-2014, 07:01 AM
 
Location: Barrington
63,919 posts, read 46,748,172 times
Reputation: 20674
Quote:
Originally Posted by Ghostrider275452 View Post
Obama made the statement, "Part of the bailout money will be used to repair infrastructure and create shovel ready job's, none of which I've seen!
I saw it all over my neck of the woods. Hard to miss all the big ole signs announcing the work was being paid for with Stimulus $.

What I don't know is if a percentage of funds was specifically earmarked for infrastructure or if the states got to decide how to best reward, I mean allocate, funds to projects.

Every state blew a portion of money on goofy pork projects.
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Old 11-24-2014, 07:14 AM
 
Location: Barrington
63,919 posts, read 46,748,172 times
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Quote:
Originally Posted by Ghostrider275452 View Post
Ok, but where did the 16 trillion go he borrowed from China? And 787 billion ain't nothing to sneeze at either!
About $11 Trillion of that debt was inherited from prior administrations. Remember all presidents inherit debt, add to it and pass it on to the next administration. It has not mattered who sat the oval or held the majority.

About 2/3 of the Federal Debt is owed to the U.S. Government, US investors, the Social Security Trust Fund and pension plans for civil workers and military retirees.

China owns less than 8% of borrowed funds.
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Old 11-24-2014, 07:22 AM
 
Location: Londonderry, NH
41,479 posts, read 59,791,864 times
Reputation: 24863
Whenever I drive on roads that are covered with salt in the winter and look at the bridges over the roadways I am reassured by the knowledge that bare metal covered with flaking rust are structurally sound as rust is a structural material.

I have a question? Why can we afford to build roads, bridges and waterworks in the Middle East but not in our own country?
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Old 11-24-2014, 07:24 AM
 
4,983 posts, read 3,291,808 times
Reputation: 2739
Gotta scare the masses into hiking up the gas tax. Better do it now that prices have plummeted. The idiots won't even know the difference.
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Old 11-24-2014, 07:29 AM
 
59,088 posts, read 27,318,346 times
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Quote:
Originally Posted by Swampmonster View Post
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.
"Bush gave our infrastructure money to KBR/Haliburton" ONLY AFTER Clinton giving them their FIRST no-bid contract.

Your partisan slip is showing.
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Old 11-24-2014, 07:32 AM
 
59,088 posts, read 27,318,346 times
Reputation: 14285
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
I don't watch 60 minutes. They have proven to NOT be reliable, so I have 1 question.

How much of the infrastructure is fed owned and how much is locally gov.t owned?
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Old 11-24-2014, 07:36 AM
 
Location: Barrington
63,919 posts, read 46,748,172 times
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Quote:
Originally Posted by urbanlife78 View Post
What $16 trillion are you referring to? I think you are confusing yourself with numbers. I don't recall Obama being president and getting a $16 trillion stimulus or bailout. There has been no $16 trillion stimulus or bailout.
Many people seem to believe the Federal Debt was zero when Obama was sworn in. They don't seem to grasp that the U.S. has always been in debt. Taxes have never kept pace with expenses. Presidents inherit prior debt, add to it and pass it on.

Many also seem to believe China owns most of the debt. Reality is China owns less than 8% of outstanding debt.

Sensational headlines get more clicks than non sensational headlines. Many do not read beyond a headline.
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Old 11-24-2014, 07:37 AM
 
59,088 posts, read 27,318,346 times
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Quote:
Originally Posted by bobtn View Post
Agree, jetgraphics. I love NJ Rail, and Metro North. Went to NYC today..will go to Southern Ct from central NJ..without stepping in my car.
And fed run Amtrak is doing so well!
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Old 11-24-2014, 07:40 AM
 
Location: Barrington
63,919 posts, read 46,748,172 times
Reputation: 20674
Quote:
Originally Posted by Ghostrider275452 View Post
Maybe that's the problem, spending too much money on big projects and ignoring the cities and suburbs!
There is a division of responsibility amongst federal, state and local infrastructure.
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