Rising Hegemon
The engineers found that overall, the cost of failing to invest more in the nation's roads and bridges would total $3.1 trillion in lost GDP growth by 2020. For workers, the toll of investing only at current levels would be equally daunting: 877,000 jobs would also be lost. Already, the report found, deficient and deteriorating surface transportation cost us $130 billion in 2010.
Cry me a river (no wait, there's no need as one will soon be arriving when that nearby damn breaches). Have you not caught on to our nations brilliant jobs strategy? Instead of spending trillions on internal improvements (screw you Henry Clay!) we'll spend it occupying ever "ran", "raq" or "stan" we damn well feel like, the more vowels the better.
Soon, the only jobs will be in the military (or para-military) until you can finally retire and collect Social Security at
Just remember how free you are you ungrateful bastard.
[cross-posted at Firedoglake]
4 comments:
My,My that sounded angry..... Thank you, I was about to go into a nose bleed screed myself, until you did it for me. According to Bloomberg Businessweek."Even the $4 trillion 'grand bargain' on debt reduction hammered out by President Barack Obama and House Speaker John Boehner (R-OH) -- a deal that collapsed nearly as quickly as it came together -- would not have gotten the U.S. where it needs to be. A June analysis by the Congressional Budget Office concluded that keeping the U.S.'s ratio of debt to gross domestic product at current levels until the year 2085 (to avoid scaring off investors) would require spending cuts, tax hikes, or a combination of both equal to 8.3 percent of GDP each year for the next 75 years, vs. the most likely (i.e. 'alternative') scenario. That translates to $15 trillion over the next decade -- or more than three times what Obama and Boehner were considering."
Who the heck is gonna pay the taxes if there isn't anyone working except those blowing up stuff.
tinkerbell works in their realitee.
even when bureaucrats commit to building infrastructure, that doesn't always guarantee american jobs. california outsourced the building of a bridge over to china. can you believe it?
http://www.sacbee.com/2011/06/26/3727847/bay-bridge-decks-made-in-up-and.html
backstabbing traitors certainly are innovative in the race to the bottom.
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