Wednesday, June 22, 2016

Hillary’s Tired Prescription: Infrastructure Spending... Call It a Stimulus!

This is in the ballpark of the argument that is probably most effective against Hillary Clinton: she is the status quo. Earlier this month, when asked by Bret Baier how her economic policies would differ from President Obama’s, she immediately praised the president’s record and then eventually called for “a big infrastructure plan… Our roads, our bridges, our tunnels, our ports, our airports, our water systems — we have work to do! It’s good work, that will put people back into the middle class and keep them there!” You may have noticed that no matter how much the federal government spends on infrastructure, politicians continue to lament “our crumbling roads and bridges.” How easily everyone forgets Obama touting the stimulus as “the largest new investment in our nation’s infrastructure since Eisenhower”! MAP-21, signed into law in 2012, funded $105 billion for roads, bridges, and highways. Here we are, eight years after the stimulus, and Hillary Clinton is making the same promises about infrastructure spending driving the economy to prosperity — forgetting Obama’s sheepish admission, “Shovel-ready was not as… uh… shovel-ready as we expected.” There is no reason to think Hillary Clinton’s economic policies will be all that different from President Obama’s. And if you feel like Obama’s economic policies haven’t helped you and your family, there’s no reason to expect anything different from hers.
This post by Jim Geraghty underlines the bankruptcy of a Hillary Clinton adminstration. It is essentially the same tired old prescription we've seen for the last eight years.

22 comments:

Honest, decent, truthful Rev. said...

Commonsense's first comment is a C & P. That puts it a cut above many of his personal posts.

I assume then that this signals he will welcome intelligent C & P's.
His first post is also obscenity and personal attack free.
Can one read meaning into that?
Perhaps he should outline for readers and possible contributors the standards he intends to hold this blog to, if any?

Loretta said...

Can you ban James?

Commonsense said...

No but I can delete and Mark as spam if he gets out of line.

Commonsense said...
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Loretta said...

Him getting out of line is a given.

Nyukyukyuk said...

There is one study in particular that indicates that infrastructure spending has a multiplier of 2. And we need infrastructure. The "shovel-ready" part is what I believe stunted the impact of infrastructure in the past. Needed infrastructure is hardly on the drawing board in many cases. And getting it to the drawing board in the first place is foregone until the answer is given to the question, "How are we going to pay for this?"

Commonsense said...

However in this case the money was there but the project were not.

Just goes to show you that you don't create infrastructure projects just for economic stimulus. You either need the project or you don't. I doesn't matter whether the economy is booming or in recession.

Honest, decent, truthful Rev. said...

As a sign of my magnanimity, I will ignore the two personal attacks by "Loretta Russo."
If she keeps that up, delete her.

Honest, decent, truthful Rev. said...
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Anonymous said...

go fuck yourself, pastor pederast.

good job on the new blog, cs.

Honest, decent, truthful Rev. said...
This comment has been removed by the author.
Honest, decent, truthful Rev. said...

Alright. If that is the sort of personal attack and slanderous comment you will allow, CS, I'm out of here.

I will only check in to watch this blog descend into nothingness which, I predict, it will.

Honest, decent, truthful Rev. said...

As a sign of my magnanimity, I will ignore the two personal attacks by "Loretta Russo."
If she keeps that up, delete her.

Commonsense said...

James I will only delete posts if they start shilling for other blogs or they are cut and paste post in excess of the fair use clause. Like CH I have neither the time nor the inclination to be the morality police.

I suggest you put your big boy britches on.

Loretta said...

I haven't attacked the fired pastor.

Commonsense said...

James I will only delete posts if they start shilling for other blogs or they are cut and paste post in excess of the fair use clause. Like CH I have neither the time nor the inclination to be the morality police.

I suggest you put your big boy britches on.

Loretta said...

"There is no reason to think Hillary Clinton’s economic policies will be all that different from President Obama’s."

She's already said she'll continue Obama's policies.

Nyukyukyuk said...

Well, let's hope.

http://www.factcheck.org/2015/04/obamas-numbers-april-2015-update/

Loretta said...

I wouldn't call 2.1 percent growth spectacular.

Nyukyukyuk said...

True, but it beats The Great Recession.

Loretta said...

By this time in his presidency, I was looking for better than, "it beats the great recession"....

Commonsense said...

I will point out this "recovery" has been somewhat uneven. Wall Street has done far better than Wabash, Washington far better than West Virginia.