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View Diary: Obama nails it on why we need to invest in America's infrastructure—and why it's not happening (182 comments)

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  •  the American Recovery and Reinvestment Act (15+ / 0-)

    included $150 billion in new federal infrastructure funding. The President also proposed additional infrastructure legislation that did not see the light of day because Republicans made sure of it.

    Now, in terms of this:

    What did he and his administration push for? Tax cuts.
    Do you honestly believe everyone to be ignorant to what the President did when he first entered office?

    Um, the President also passed a massive healthcare legislation that has currently given tens of millions of people access to healthcare.

    The President also expanded the Pell Grant program, which allowed millions of people access to a college education.

    What else did he do when he entered office again? Oh, yes, he saved the U.S. car industry.

    But according to you, all the President did was cut taxes....

    Shaking my head at the anti-Obama propaganda that goes on in this community. In the meantime, few criticism of the obstructionists destructive Republicans.


    •  IMHO 175 billion, see wiki (0+ / 0-)

      Spend 175 billion use a 2.5 multiplier, and you get 4.2 million jobs, the WH claimed 4.25, the CBO said 3.6 to 4.6.

      Krugman uses the 2.5 multiplier for infrastructure jobs.

      .................expect us......................... FDR 9-23-33, "If we cannot do this one way, we will do it another way. But do it we will.

      by Roger Fox on Thu Jul 03, 2014 at 12:30:03 PM PDT

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    •  Obama premptively self-negotiated the stimulus (0+ / 0-)

      His initial proposal was larded with tax cuts because he wanted to reach across the aisle.  

      If he had started with fewer tax cuts and more infrastructure spending, the result would have been better.

      "When I was an alien, cultures weren't opinions" ~ Kurt Cobain, Territorial Pissings

      by Subterranean on Fri Jul 04, 2014 at 12:50:31 AM PDT

      [ Parent ]

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