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This Is So Easy And So Obvious, You
Would Think That Even The Fools In Congress Would Know It!! And So
Where Are Obama And Romney?
How To End The Great Recession In Six Months, Or
Less!!
Facts:
1)
At least 75% of
the 45,000 miles of our crown jewel, the Interstate Highway System is
desperately in need of repair.
2)
The Society of
Engineers says we have 10,000 bridges in need of major repair or replacement.
3)
We have hundreds
of thousands of miles of oil (and petroleum products) pipelines in need of
replacement or repair.
4)
We have hundreds
of thousands miles of water pipelines that are up to 150 years old that need
replacement or repair.
5) The deterioration of our
infrastructure is costing hundreds of millions of dollars in delayed shipping,
excess inventories, wear and tear of equipment, etc., and people are dying (California, Colorado, Maryland, Minnesota, etc.)
6) We will HAVE to make these
repairs sooner or later. No Escape!!
Solution:
Issue Infrastructure Repair
Bonds. Interest costs are 1% or less. The costs will NEVER be lower.
Make the money available to
individual cities and state highway departments directly on a first come, first
serve basis. No Federal Government
filters, allocations, etc.
The only conditions are that
the money must be spent on the above projects and must begin in six months or
less. In addition, each proposal must
include an estimate of how many jobs are directly produced, and a progress
report at six, twelve and twenty-four months to qualify for progress payments. Absolutely no new projects are allowed, i.e.,
No Mob Museums,
Bridges To Nowhere, High
Speed Trains To Nowhere, etc.
Reasons Why?
1)
Reduce
unemployment payments
2)
Increase tax
revenues
3)
Increase revenues
for small businesses that create 70% + new jobs
4)
Each dollar spent
has a 1.5% multiplier
5)
Restore
infrastructure and improve safety of citizens
6)
Reduce
distribution costs and improve GDP
7) Restore international competitiveness
Reasons Why Not?
1) Elephant clowns
Now go back to Sept. 8, 2012 and take a good look at that graph!!
Now go back to Sept. 8, 2012 and take a good look at that graph!!
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