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The Trump Economy


GG

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4 hours ago, LABillzFan said:

So they want to increase taxes on companies that get a tax break, because the Federal tax break to the middle class is a tax hike to California's middle class because California's taxes are so high...

 

:wacko:

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And why would they stop at taking just 50% of a company's money:unsure:

Will they then give that money out to individual taxpayers who have over $10k in SALT? 

Aren't those rich people if they earn that much that they're paying that much in real estate and income taxes?

 

Oh, I see. They'll just keep the money and do really cool things that will benefit all Kalifornians like the high speed bullet train to nowhere. :wallbash:

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CHANGE: Leaked document shows White House plan for major rural infrastructure program. 

 

“White House officials are expected to unveil an infrastructure plan next week that will largely focus on improving rural economies through improved transportation, internet access, and other resources, according to a leaked document.

 

The $1 trillion plan circulated by the Trump administration, which Axios obtained on Monday, would allocate 25 percent of the total appropriation to a rural infrastructure program in parts of the U.S. that currently lack high-speed internet and public transit, and whose roads and bridges are in disrepair.

 

The program would also aim to improve water supply and maritime ports in areas where both are lacking. . . . Trump has long talked about pursuing a bipartisan infrastructure plan that would address structurally deficient transportation systems and roads, curb traffic congestion in major metropolitan areas, among other proposals. Sources close to the White House have said the plan would aim to reduce federal government spending on infrastructure and encourage private investments.”

 
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6 hours ago, TakeYouToTasker said:

I'm fine with the roads and bridges, and I'd like to start working on dams as well; but high-speed internet and public transit  should be strictly private sector and local government issues.

I'd disagree with high speed internet and public transit (commuter lines)  

 

Internet is too capital intensive, and inherently is not a local infrastructure issue.  Fed money was necessary for rural electrification and phone connections.  Same concept should apply to broadband.  

 

Commuter public transit should be in the same bucket as airports and roads.  

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1 hour ago, GG said:

I'd disagree with high speed internet and public transit (commuter lines)  

 

Internet is too capital intensive, and inherently is not a local infrastructure issue.  Fed money was necessary for rural electrification and phone connections.  Same concept should apply to broadband.  

 

Commuter public transit should be in the same bucket as airports and roads.  

Then it needs to be regulated as a public utility.

 

If we don't want it regulated as a public utility, then we shouldn't treat it like one.  If someone makes the decision to live where it doesn't make sense for providers to run lines, they can live without.

 

Commuter public transit is a local/state issue at the local/state level.  These things are boondoggles, and we don't need a federal largess involved.

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Trump's tariff move: 

 

Quote

 

The Suniva-SolarWorld request for protection was opposed by much of the domestic U.S. solar industry. Tariffs  make solar panels more expensive, and thus discourage their use, according to the Solar Energy Industries Association.

The trade association said the tariffs would cause 23,000 installers, engineers and project managers to lose their jobs this year as billions of dollars in planned investment evaporates. Up to one third of the 260,000 Americans currently employed in the industry are at risk because of the tariffs over the longer term, the group said.

 

 

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14 hours ago, TakeYouToTasker said:

Then it needs to be regulated as a public utility.

 

If we don't want it regulated as a public utility, then we shouldn't treat it like one.  If someone makes the decision to live where it doesn't make sense for providers to run lines, they can live without.

 

The Feds’ regulation of utilities applies to both urban and rural areas, and has little to do with govrenment support.  Universal Service Fund helped connect areas that are completely uneconomic to supply with telephone lines.  A similar concept is proposed  under the infrastructure plans, and there’s more technology that is and will be available to provide broadband than there was during the Ma Bell monopoly days. 

 

Plus if you give states more control over broadband, you will risk balkanizing policies because of outsized influence of some states (like CA tries to do on emissions). 

 

14 hours ago, TakeYouToTasker said:

 

Commuter public transit is a local/state issue at the local/state level.  These things are boondoggles, and we don't need a federal largess involved.

 

The programs are boondoggles no matter who’s involved.  The issue is who’s best positioned for the task?  Leaving matters to local/state can get more wasteful because there’s less accountability.  In NYC region, there are 6 separate public transit agencies sharing the same infrastructure and vying for funding.   And people wonder why it’s a mess.

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57 minutes ago, GG said:

 

He's Canadian.  I don't expect much 

 

Yes you are that type of American that makes basically everyone on the planet feel sorry for you, and the vst vast majority totally despise you.

 

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6 minutes ago, row_33 said:

 

Yes you are that type of American that makes basically everyone on the planet feel sorry for you, and the vst vast majority totally despise you.

 

 

Thanks for breaking the pontificating Canuck stereotype.  You're a credit to your country.

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28 minutes ago, row_33 said:

 

Yes you are that type of American that makes basically everyone on the planet feel sorry for you, and the vst vast majority totally despise you.

 

I really think you’re talking to the wrong guy. 

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