Comment

An Incredible New Jam From Snarky Puppy and Bokanté: "O La"

27
goddamnedfrank5/22/2017 11:40:35 pm PDT

re: #16 Targetpractice

Oh, and I forgot that the way Trump and Mulvaney get to the “$1T spent on infrastructure” bit to supposedly keep his campaign promise is to claim that there will be a 5:1 return on federal investment. In other words, for every dollar of that $200B, they expect $5 in private investment to flow into infrastructure projects.

Like, how? I mean, is that supposed to come through municipal bonds ‘n shit or what? Also, this is where the repaired economy he inherited from Obama really fucks Trump, because bonds are unattractive as hell right now when the average investor can get so much more just by investing in the S&P, while the more risk tolerant are making a killing in tech stocks. Additionally we’re bidding on all the material and labor we need for these infrastructure repairs against a recovered private industry, so the taxpayer isn’t getting a break on any of this.