Republicans are at it again. Biden asks for an infrastructure plan worth $1.9 trillion and they counter propose with a $600 billion plan. Never mind the definition of ‘infrastructure’ is so scaled back as to question the entire proposal.
Do these same people not understand that infrastructure is
not manufactured by the government anywhere? It is bought from private firms
who do that work. The money used comes from tax collections or revenue bonds,
or other financial instruments. Backed by the good faith of the US Taxpayers,
of course, but the work of all of us is accomplished with all of our resources.
Owners and corporations still make the money from this work.
So, what is the reasoning behind the republican strategy? Simple,
they don’t want Biden or Democrats getting credit for accomplishing something
good for the nation. Politics as usual. Ugly and selfish as usual.
Republicans should remember their basic economics: investment
in self and means of production yield returns far more than the original
investment. Economics 101.
Can inflation come from over investing by the government?
Yes. How? If the investment is not needed and is a whimsical play for public
support. That is wasteful spending. The $1.9 trillion plan is none of that; it
aims to replace aging and dangerous infrastructure which has outlived its
useful life; it aims to create infrastructure needed in new locations that
follow the pattern of growth of the population and movement of the economy in
new directions.
Wi-fi for everyone connects everyone and equalizes the
playing field for people of all means and household incomes. It also makes the
population accessible to businesses and public agencies needing to connect with
the people who need it. Opportunity comes in the form of new and better
educational methods, acquisition of better understanding and gaining new job skills,
employers find more willing and prepared potential employees, and the list goes
on.
We The People benefit from improved and expanded
infrastructure. We should pay for this. We all benefit from it.
Increasing taxes on the super wealthy? Oh please! They got
fabulously rich from special treatment from the government for decades, and
especially by trump. The 1% is over the top in wealth, so much so they have
few outlets to use it except to gain even more power and wealth. That is not
healthy for the nation.
So, use the new taxes (not confiscatory ones) to pay for
infrastructure, cheaper access to higher education, expanded health services to
the masses and all the other no-no’s of the past. This is a positive investment
in We The People. It is not socialism or communism.
And shame on all those who claim it is socialism or
communism. Those folks only show their ignorance on the issues. They are
protecting their own. They are shielding their minority status with majority
power. Shameful.
What a waste of time to enjoin this meaningless struggle. Propaganda
in its purest form.
April 27, 2021
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