The U.S. Infrastructure is Crumbling
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Try this article:
The U.S. Needs an Infrastructure Bank
The president of Oracle is correct. We have a one hundred year old infrastructure and our politicians have put little money aside for maintenance and repair. My argument against the author’s suggested new account is that the federal government has decided to pay for everything else: Social Security, welfare, Medicare, Medicaid, education, the list is endless. A full two-thirds of the federal budget is social spending.
I think the government should only do the things that only it can afford to do, such as protect us and maintain the infrastructure. Alas, our million man standing army is gone, our bridges are falling down, and we the tax payers are tapped out. Unfortunately lives will be lost as a result of this situation. Now that Americans in all groups understand that they may vote themselves pay raises, I see it as impossible for our fiscal system to correct itself.
JBM
This will continue while the Doh-bama administration pushes us to 90% of the GDP is paying for his policies.
LAST YEAR, he could blame that bastard Bush (well that hasn’t stopped). But since LAST YEAR, this is ALL on his head.
“Hey we HAVE to bail out the auto companies or they’ll go Bankrupt” – http://www.reuters.com/article/idUSLA64177720090710
http://in.reuters.com/article/businessNews/idINIndia-40228720090610
“Hey we have to pump money into jobs, so we can stop unemployment around 8%” – http://www.bls.gov/Lau/ We all know it hit 10% in most places. As of this writing many are within 0.5% or higher than the 8%
Nothing wrong with these Liberals. They are Godless creatures who believe they are gods themselves (there’s a song about that by The Godz). This is why we have this Global Warming lie, ummm correction they changed to Global Climate Change . . . lie. They stand there and THINK they can do things to affect Mother Earth. Amazing. They are truly clueless.
A turn-around will only happen if the citizens of the world rebuild their infrastructure. The government ALWAYS follows. It CANNOT lead. The smartest people are NOT in the government. It USED to be that way, but no more. Only puppet, talk-heads, are in the government looking out for their own interests, which are to be re-elected, not to get things done.