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Filed: Timeline
Posted
Yep seriously Obama gets is: Economics 101..

Obama is also looking at infrastructure as an opportunity to stimulate the economy. He estimates that the projects the bank finances would create up to two million jobs - both those directly involved in the project and indirectly supporting it, such as suppliers - and generate approximately $35 billion a year in economy activity.

Republicans you are letting me down bro.. $10 bill in Iraq per month while zilch here.. ####### man..

The Republicans aren't letting you down. They just see all this infrastructure for what it is: SOCIALISM. They won't stand for it. :no:

Posted (edited)

Northern as in Seattle. California needed Desalination plants yesterday. I assume they are building them now.

A high speed national rail service is a must. With renewable energy or nuclear they could go straight to maglev trains..

There is a lot they can do but they will need to invest some serious cash. A mixture of public / private sector projects. This is the sort of investment America needed yesterday. This is just one of many projects they need. China is beating the country ffs, China!..

Edited by Aficionado

According to the Internal Revenue Service, the 400 richest American households earned a total of $US138 billion, up from $US105 billion a year earlier. That's an average of $US345 million each, on which they paid a tax rate of just 16.6 per cent.

Posted (edited)
Yep seriously Obama gets is: Economics 101..

Obama is also looking at infrastructure as an opportunity to stimulate the economy. He estimates that the projects the bank finances would create up to two million jobs - both those directly involved in the project and indirectly supporting it, such as suppliers - and generate approximately $35 billion a year in economy activity.

Republicans you are letting me down bro.. $10 bill in Iraq per month while zilch here.. ####### man..

The Republicans aren't letting you down. They just see all this infrastructure for what it is: SOCIALISM. They won't stand for it. :no:

Well they are very misguided then because this is not socialism. If they think all of these beautiful, amazing and modern cities around the world are a product of socialism, then they need a reality check. They certainly need to travel more. Just take the airports alone around the world where they are modern and stunning. I hate traveling to JFK, LAX, DC, DALLAS let alone the smaller airports. Yes these are airports but these are places thousand of people travel to every day. This is the first and last point into and out of a country for many.

How many down towns around the country are simply run down. Schools, Museums etc etc. DC has so much potential but its condition is embarrassing. Investing in all of these things not only makes the country a better place for all but creates hundreds of thousand of jobs.

Edited by Aficionado

According to the Internal Revenue Service, the 400 richest American households earned a total of $US138 billion, up from $US105 billion a year earlier. That's an average of $US345 million each, on which they paid a tax rate of just 16.6 per cent.

Posted (edited)

This style of investment is backed by the following economist.

Keynes argued that the solution to depression was to stimulate the economy ("inducement to invest") through some combination of two approaches :

* a reduction in interest rates.

* Government investment in infrastructure - the injection of income results in more spending in the general economy, which in turn stimulates more production and investment involving still more income and spending and so forth. The initial stimulation starts a cascade of events, whose total increase in economic activity is a multiple of the original investment.[1]

You cannot outsource construction.

Edited by Aficionado

According to the Internal Revenue Service, the 400 richest American households earned a total of $US138 billion, up from $US105 billion a year earlier. That's an average of $US345 million each, on which they paid a tax rate of just 16.6 per cent.

Filed: Timeline
Posted
Yep seriously Obama gets is: Economics 101..

Obama is also looking at infrastructure as an opportunity to stimulate the economy. He estimates that the projects the bank finances would create up to two million jobs - both those directly involved in the project and indirectly supporting it, such as suppliers - and generate approximately $35 billion a year in economy activity.

Republicans you are letting me down bro.. $10 bill in Iraq per month while zilch here.. ####### man..

The Republicans aren't letting you down. They just see all this infrastructure for what it is: SOCIALISM. They won't stand for it. :no:

Well they are very misguided then because this is not socialism. If they think all of these beautiful, amazing and modern cities around the world are a product of socialism, then they need a reality check. They certainly need to travel more. Just take the airports alone around the world where they are modern and stunning. I hate traveling to JFK, LAX, DC, DALLAS let alone the smaller airports. Yes these are airports but these are places thousand of people travel to every day. This is the first and last point into and out of a country for many.

How many down towns around the country are simply run down. Schools, Museums etc etc. DC has so much potential but its condition is embarrassing. Investing in all of these things not only makes the country a better place for all but creates hundreds of thousand of jobs.

They sure are misguided. I'm not defending this nonsense. Just telling you that it is what it is.

 

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