Tuesday, January 30, 2018

Trump to Go Full Infrastructure Idiot in Sate of the Union Address

President Donald Trump, in his State of the Union speech tonight, plans to discuss a $1.5 trillion infrastructure improvement plan, White House economic advisor Gary Cohn told CNBC.

In an interview on CNBC's "Squawk Box," Cohn called infrastructure "the next leg of the stool in our economic agenda."

"He's going to talk about a trillion and a half dollars of investment, but more importantly, he's going to talk about streamlining the approval process on infrastructure," Cohn said. "Right now, we have an infrastructure approval process that takes seven to 10 years to build relatively simple roads. We need to streamline that to less than two years."

Aside from the fact that infrastructure should be taken out of the hands of government and privatized (See:The Privatization of Roads and Highways: Human and Economic Factors), as David Stockman has pointed out (See: The Perennial Myth Of Crumbling Infrastructure) there is no infrastructure crisis.

Trump is just a street hustling dumb statist.


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