Thursday 1 April 2021

The Three Central Problems with the Biden $2-Trillion Infrastructure Deal

 1.  First, without really saying it....they are suggesting 'shovel-ready', and we all remember that Obama-team quote.  

Normally, if you were going to replace a bridge....you'd have a team plan the replacement and the mandates to write into the contract....then advertise it and get quotes.  This would be a two-year process.  Biden isn't mentioning that....he's suggesting that all of the plans exist already, and you need to just throw money at them.  

2.  Second, most of this money will go to urbanized mega cities (Philly, Denver, Atlanta, Miami, NY City, etc).  I would go and predict that 90-percent of the two-trillion goes in that direction.  So crappy bridges in the Ozarks, or deep in the heart of Kentucky....won't get that type of funding.  The money ought to be split among fifty states, dependent upon the population of each.  

3.  Finally, lets be honest....the full amount to handle this project?  It's probably along the lines of 100-trillion.  That's what Biden's crew are missing, and that most states don't want to admit.  

No comments: