Obama infrastructure plan destined for failure?

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dartworth

Lifer
Jul 29, 2001
15,200
10
81
Originally posted by: BarneyFife
Originally posted by: dartworth
Originally posted by: CADsortaGUY
Ofcourse it's destined to fail. It's mainly just a pay off to another group of unions(you know...the ones who get the road contracts by locking out other competition).

Unfortunately it doesn't matter what anyone thinks beforehand because BHO and his minions will spend spend spend and tax tax tax no matter what the public thinks.



Unions don't get hired to do road construction, contractors do...

Its probably going to even hurt him even more when he finds out that you don't have to use unionized labor on projects. The only thing that needs to be done is to pay the preassigned prevailing federal wage rate which can be found here http://www.access.gpo.gov/davisbacon/

lol...you think BHO doesn't know about the Davis Bacon act?
 

BarneyFife

Diamond Member
Aug 12, 2001
3,875
0
76
Originally posted by: dartworth
Originally posted by: BarneyFife
Originally posted by: dartworth
Originally posted by: CADsortaGUY
Ofcourse it's destined to fail. It's mainly just a pay off to another group of unions(you know...the ones who get the road contracts by locking out other competition).

Unfortunately it doesn't matter what anyone thinks beforehand because BHO and his minions will spend spend spend and tax tax tax no matter what the public thinks.



Unions don't get hired to do road construction, contractors do...

Its probably going to even hurt him even more when he finds out that you don't have to use unionized labor on projects. The only thing that needs to be done is to pay the preassigned prevailing federal wage rate which can be found here http://www.access.gpo.gov/davisbacon/

lol...you think BHO doesn't know about the Davis Bacon act?

I'm talking about our resident genius csg who thinks that unions get hired to do road work instead of contractors.
 

dartworth

Lifer
Jul 29, 2001
15,200
10
81
Originally posted by: BarneyFife


I'm talking about our resident genius csg who thinks that unions get hired to do road work instead of contractors.

:eek: I'm sorry..


Yeah, he really does enjoy getting down on unions...no matter which one they are.
 

fskimospy

Elite Member
Mar 10, 2006
88,152
55,688
136
Originally posted by: ProfJohn
Infrastructure is not a good return for a stimulus package because there is such a long lag time between getting the money and starting the work.
Plus it only helps a small segment of the economy (those who working in construction)

The best way to help the economy is to lower taxes.

Do you realize how wrong that is? You think the only sector that improved infrastructure helps is construction? It helps literally every imaginable part of our country.

As far as the Heritage Foundation goes, is anyone surprised? The overwhelming consensus as for what pulled countries out of the Great Depression is large scale government spending. This was true across continents and across countries. Our infrastructure is in a shameful state of disrepair as it is, what better way to combine two needs than with economic stimulus centered on correcting what should have been corrected long ago?
 

BarneyFife

Diamond Member
Aug 12, 2001
3,875
0
76
Originally posted by: eskimospy
Originally posted by: ProfJohn
Infrastructure is not a good return for a stimulus package because there is such a long lag time between getting the money and starting the work.
Plus it only helps a small segment of the economy (those who working in construction)

The best way to help the economy is to lower taxes.

Do you realize how wrong that is? You think the only sector that improved infrastructure helps is construction? It helps literally every imaginable part of our country.

As far as the Heritage Foundation goes, is anyone surprised? The overwhelming consensus as for what pulled countries out of the Great Depression is large scale government spending. This was true across continents and across countries. Our infrastructure is in a shameful state of disrepair as it is, what better way to combine two needs than with economic stimulus centered on correcting what should have been corrected long ago?

LatchKeyDiaperChangerJohn has no idea what he's talking about once again. He doesn't realize that transporting goods involves trucks, airplanes, and boats. He must think that everything magically teleports.

I wonder if he realizes that not only does it help construction but it helps engineer, transportation, and the public.
 

CADsortaGUY

Lifer
Oct 19, 2001
25,162
1
76
www.ShawCAD.com
Originally posted by: BarneyFife
Originally posted by: dartworth
Originally posted by: CADsortaGUY
Ofcourse it's destined to fail. It's mainly just a pay off to another group of unions(you know...the ones who get the road contracts by locking out other competition).

Unfortunately it doesn't matter what anyone thinks beforehand because BHO and his minions will spend spend spend and tax tax tax no matter what the public thinks.



Unions don't get hired to do road construction, contractors do...

Its probably going to even hurt him even more when he finds out that you don't have to use unionized labor on projects. The only thing that needs to be done is to pay the preassigned prevailing federal wage rate which can be found here http://www.access.gpo.gov/davisbacon/

Whoa there junior - nowhere did I say Unions had to be used. However they usually are due to the way contracts are let and the rules that apply. Yes, prevailing wages does push competition out and IMO, it's wrong. If a company can do a job for X normally but has to adjust the bid due to the wage BS then it's X+BS - which costs us tax payers more than it needed to.
 

CADsortaGUY

Lifer
Oct 19, 2001
25,162
1
76
www.ShawCAD.com
Originally posted by: dartworth
Originally posted by: CADsortaGUY
Ofcourse it's destined to fail. It's mainly just a pay off to another group of unions(you know...the ones who get the road contracts by locking out other competition).

Unfortunately it doesn't matter what anyone thinks beforehand because BHO and his minions will spend spend spend and tax tax tax no matter what the public thinks.



Unions don't get hired to do road construction, contractors do...

Really? :roll: You mean construction jobs don't go to unions? They actually go to companies that are union? No F'n way man.... that's far out...

:roll:
 

Lemon law

Lifer
Nov 6, 2005
20,984
3
0
Somewhat, what is being cited here on this thread is the example of Japan who built up its infrastructure in response to a similar economic crisis.

And what we basically know is that Japan is still there limping along, but the claims exist that the economic stimulus package did not preform as well as some hoped or predicted.

And therefore the USA should not make the same mistake.

Somewhat flawed reasoning, we know Japan was in terrible shape, what we don't know is what would have happened if Japan would have done something else or nothing, and its one thing to be sick, and its quite another thing to be dead, which may well have happened with an collapsing economy and a resultant anarchy if Japan had not chosen to build infrastructure.
 

Zebo

Elite Member
Jul 29, 2001
39,398
19
81
It's unfixable in the meantime there's a gentleman's agreement to get what they can for robber barons and union thugs.

After international loans dry up , and major civil unrest and the fascism that follows, we will war with some, nationalize debt and start over.

 

BarneyFife

Diamond Member
Aug 12, 2001
3,875
0
76

Whoa there junior - nowhere did I say Unions had to be used.
It's mainly just a pay off to another group of unions(you know...the ones who get the road contracts by locking out other competition)
Right now you're babbling. You have know idea what you're talking about.

However they usually are due to the way contracts are let and the rules that apply.
A set of plans and a set of special provisions is furnished to anyone interested. If you want to bid, you must be preapproved by the state. This involves filling out information showing you have the money and equipment to do what you plan on doing. This also involves a physical inventory, proof of insurance, bonds, and bank statements etc... They don't want some clown bidding to do a reconstruct of a 6 lane highway and the only thing he's done was residential driveways and sidewalks. There is NOTHING related to unions.
Yes, prevailing wages does push competition out and IMO, it's wrong.
If you want to bid for a federal job you price that in like everyone else. It doesn't push anyone out because the engineer's estimate for the project which the contractor must be within 10% already has those wages built in. You're talking out of your ass again.

If a company can do a job for X normally but has to adjust the bid due to the wage BS then it's X+BS - which costs us tax payers more than it needed to.

The reason we have these is so that the company doesn't hire a bunch of illegals at $5 hr. You have no idea all the due dilligence that goes on in a major project. The paperwork and research done will blow you away. Everything is done by the rules in a safe and efficient manner. Our guys are out there making sure the contractor doesn't pull a fast one on us and make sure everything is done to specification. There is no such thing as cheap and quality in construction. You picked the wrong topic to argue with me on. I do this for a living. You just through out generic cliche's that were all wrong.

 

Jhhnn

IN MEMORIAM
Nov 11, 1999
62,365
14,686
136
Originally posted by: Genx87
Well nobody talks about the opportunity costs that are lost when govt spends the capital to build something due to having to tax from private industry or borrow. Am I opposed to infrastratture spending? No, provided we can afford it. We are goingt o drop 1 trillion. And it will have to be repaid eventually. And I have seen a few editorials that are showing what is being submitted for this stimulus package from mayors and govenors around the country. This is starting to look like a boondoggle for local politicians to keep their positions of power by making the tax payer pay for their pet project.

This stimulus packag may or may not actually stimulate demand. We will have to wait and see. The question becomes even if it does, is it worth 1 trillion in deficit spending to do it?
I find it amazing the people who always rail on Bush tax cuts which amounted to about 60\billion a year in lost revenues are pushing for a 1 trillion dollar spending project over 2 years. That dwarfs the tax cut and will be felt far more over the next few decades and may prove even less fruitful than permanent tax cuts.

Time will tell. I just hope if it fails we can finally put the demand side economic plan to bed like we are putting supply side economics.

You must have pulled that $60B number out of your nether orifice, because estimates of the cost run much, much higher, on the order of $170B to $350B/yr, depending on which ones are make permanent-

http://www.brookings.edu/artic...9useconomics_gale.aspx

Just 1 of 1.6M google hits for "cost of bush taxcuts"...

Taxcuts stimulate the economy? Not in ways that are meaningful except for those who actually received cuts-

http://www.epi.org/content.cfm...res_snapshots_20051026

Taxcuts at the top merely stimulate offshoring and speculation in stocks, real estate, and derivatives...
 

Ozoned

Diamond Member
Mar 22, 2004
5,578
0
0
Originally posted by: boomerang
According to the author, we'll be repeating the mistakes of Japan by embarking on a path to improve our infrastructure.

http://www.heritage.org/Research/Economy/bg2222.cfm

Although the benefits of a costly, infrastructure-focused stimulus package based on massive gov­ernment spending may be intuitively attractive, past evidence suggests that the impact of govern­ment spending programs that are intended to encourage economic growth is very modest and unlikely to enhance recovery or deter recession. As noted above, the Japanese government imple­mented such a program during the 1990s, and the consequence was two decades of economic stagna­tion. Less ambitious infrastructure stimulus pro­grams have been implemented in the United States over the past few decades, and numerous indepen­dent and government studies have concluded that these programs had little impact on economic activity or jobs.

It's a lengthy article, but the cliffs are that the New Deal was successful in increasing the scope of the federal government, yet had little impact on unemployment, the same was tried by Japan and it too resulted in failure.

Are we destined to repeat history without having learned from it? I guess only time will tell.
The scary thing is that Obama and Biden are planning on creating a national infrastructure investment bank, a new arm of the fed, operating in the same fractional manner. He could get and keep the economy rolling for years to come with this new debt. A bigger and better ponzi scheme than anybody could imagine.

 

chucky2

Lifer
Dec 9, 1999
10,018
37
91
Two thoughts here:

1.) We really do need to spend some of our tax dollars, current and/or future, on roads, bridges, etc.

2.) Illinois roads (and especially the ones in the Chicago area), and how those road projects are managed, are so F'ing bad that I don't want Obama - or anyone else he's pals with - anywhere near an Infrastructure improvement project.

Obama had years to crack down on IL mismanagement of road projects - particularly in the Chicagoland area - and he did not. In doing that, he just forfeited any goodwill on actually pulling this off.

Sorry, them's the breaks....

Chuck
 

BarneyFife

Diamond Member
Aug 12, 2001
3,875
0
76
Originally posted by: chucky2
Two thoughts here:

1.) We really do need to spend some of our tax dollars, current and/or future, on roads, bridges, etc.

2.) Illinois roads (and especially the ones in the Chicago area), and how those road projects are managed, are so F'ing bad that I don't want Obama - or anyone else he's pals with - anywhere near an Infrastructure improvement project.

Obama had years to crack down on IL mismanagement of road projects - particularly in the Chicagoland area - and he did not. In doing that, he just forfeited any goodwill on actually pulling this off.

Sorry, them's the breaks....

Chuck

How were they mismanaged? I'm curious. We have people accusing us of mismanaging projects because they only see 3-4 guys working. People have no idea how staging works.
 

Jhhnn

IN MEMORIAM
Nov 11, 1999
62,365
14,686
136
Originally posted by: chucky2
Two thoughts here:

1.) We really do need to spend some of our tax dollars, current and/or future, on roads, bridges, etc.

2.) Illinois roads (and especially the ones in the Chicago area), and how those road projects are managed, are so F'ing bad that I don't want Obama - or anyone else he's pals with - anywhere near an Infrastructure improvement project.

Obama had years to crack down on IL mismanagement of road projects - particularly in the Chicagoland area - and he did not. In doing that, he just forfeited any goodwill on actually pulling this off.

Sorry, them's the breaks....

Chuck

You act like Obama was the governor of Illinois, or the mayor of Chicago- he wasn't, he was just a junior state senator and then a junior US senator... he never had much power at all in the day to day operations of the state of Illinois, and none wrt Chicago...
 

JSt0rm

Lifer
Sep 5, 2000
27,399
3,948
126
Originally posted by: ProfJohn
Infrastructure is not a good return for a stimulus package because there is such a long lag time between getting the money and starting the work.
Plus it only helps a small segment of the economy (those who working in construction)

The best way to help the economy is to lower taxes.

lulz. Republican mantra. It's time to try something else peaches. Your way doesn't work.
 

Fear No Evil

Diamond Member
Nov 14, 2008
5,922
0
0
Originally posted by: JSt0rm01
Originally posted by: ProfJohn
Infrastructure is not a good return for a stimulus package because there is such a long lag time between getting the money and starting the work.
Plus it only helps a small segment of the economy (those who working in construction)

The best way to help the economy is to lower taxes.

lulz. Republican mantra. It's time to try something else peaches. Your way doesn't work.

Maybe Obama could write another book.. that might help.. or vote present.
 

Drift3r

Guest
Jun 3, 2003
3,572
0
0
An infrastructure program will help out and benefit everyone and by everyone we can count in those "non-union"companies who will no doubt use the updated and improved highways, bridges, railroads, expanded and updated telecommunication lines, etc... The notion that only unions will benefit and no one else will is truly grasping at straws. Is it the GOP mantra and talking point that this nation should rot into 3rd world shit hole status?
 

MovingTarget

Diamond Member
Jun 22, 2003
9,002
115
106
Lets look at it this way since we are a computing forum....a simple example that even those not very versed in politics or economics can understand. Has anyone here ever played SimCity? Try building a city without any infrastructure, or turning the expenditure for Transportation down way low for a period of time. Observe the effects. Still think infrastructure isn't a good investment? Well, congratulations...you are a retard.
 

GenHoth

Platinum Member
Jul 5, 2007
2,106
0
0
Where is this money coming from? I can't stand this attitude of spending money we really don't have
 

JSt0rm

Lifer
Sep 5, 2000
27,399
3,948
126
Originally posted by: Drift3r
Is it the GOP mantra and talking point that this nation should rot into 3rd world shit hole status?

I think that pretty much sums up the repub argument :thumbsup:
 

MovingTarget

Diamond Member
Jun 22, 2003
9,002
115
106
Originally posted by: GenHoth
Where is this money coming from? I can't stand this attitude of spending money we really don't have

Where has that question been the past 8 years? :(
 

Fear No Evil

Diamond Member
Nov 14, 2008
5,922
0
0
Originally posted by: JSt0rm01
Originally posted by: Drift3r
Is it the GOP mantra and talking point that this nation should rot into 3rd world shit hole status?

I think that pretty much sums up the repub argument :thumbsup:

And the democrat montra is to make as much money through pay to play as possible.. :thumbsup: