en102
Canadian, eh?
join:2001-01-26
Valencia, CA
 ·RoadRunner Cable
 ·DSL EXTREME
| reply to birdfeedr
Re: Don't expect anything to really change
Regardless of who's sheriff is running the town, at best, any of these companies are more interested in pumping stock than anything else. Every company wants a handout these days. I can at least hope that infrastructure investment will create US based jobs.
I think all of these bailouts will do nothing but cause the government to print money and burn us all with trillion dollar debt loads and no incentives for investment or recovery.
I.E. What good does giving a mega corp money if
a) Companies have no reason to 'invest' in the US - labor, laws and governments are a little more business friendly in places like India, China, Brazil.
b) This country is 'broke' - you can give money to companies, however, nobody has money or desire to purchase ANY products. Eg. Giving money to car companies won't help much as people are still not buying.
Its something that won't be fixed overnight.
Infrastructure investment at least has _some_ benefit for most of us.
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Canada = Hollywood North |
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hacker90
join:2005-09-01
Winnebago, IL
·Mediacom
| Throw my hat into the ring on this...
I like to see what kind of jobs could be made from this Infrastructure plan. If I'm getting the jist of it, rebuilding our old highway system, fixing/rebuilding of bridges, expansion in some areas, railway improvements. One thing I don't get, is all of that is temporary jobs for a few years or a decade. I don't see them tackling the core problem lack of industry to create more jobs.
Correct me if I'm wrong, but wouldn't it be more beneficial to cut our corporate tax rate to 20%. At the same time, getting the states to cut their corporate tax rates too? Then cutting the Federal corporate tax rate would actually work. If we cut only the Federal rate, it wouldn't have any effect due to the states high tax rates too.
And shouldn't we be putting a government mandate on broadband deployment in the US? Especially in urban centers that house lots of businesses that are dependent on a good internet connection at a reasonable price. If a business is able to send it's critical data at a fast speed and beat it's competitor at that same task, wouldn't that offer an advantage?
I would advocate the US government create or acquire Federal Work projects. Turn such projects into hard assets that continue to generate income year after year like the Hoover Dam. I believe that Dam holds the record for being the only Federal Works project that has paid itself off and makes money. Something we should be looking into for some extra cash. Create jobs and income for the government, just needs to be done right.
I guess that's it. |
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halfband
Premium
join:2002-06-01
Huntsville, AL
2 edits | They would change their tune if the infrastructure built by the government was going to compete with the incumbents and not subsidize them.
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Registered Bandwidth Offender #40812 |
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