Quote:
Originally Posted by oil pan 4
That's what Obama said in 2008, none of it happened.
Sounds like a huge outlay of capital for no increase in GDP.
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* In a democracy, it doesn't come down to what people say to determine what will happen.
* It will be an enormous outlay of capital, but if the experts are correct, it won't be enough to reverse what's been set in motion since 1957.
Some economists will argue that without this outlay, we may not have a GDP.
* I can walk through Denton, Texas today, on concrete sidewalks created by Roosevelts Works Progress Administration during the Great Depression.
* And I routinely drive on 1956 National Interstate and Defense Highway Act freeways.
* Pretty amazing investments!
* Airports
* Ports
* Harbors
* Levees
* Pipelines
* Dams/reservoirs/ municipal water systems
* Safe drinking water
* National electric codes
* National plumbing codes
* National building codes
* Transmission lines
* Pentagon
* FBI
* FDA
* CIA
* NSA
* NRO
* RAND Corporation
* JASON
* National Laboratories
* etc.
All publicly funded. Still working for us daily. Things the private sector couldn't or wouldn't take on.
What a bargain!!!!!!!!!!!!!!!!!!!