Trump reportedly has a list of $137 billion in infrastructure projects he wants to build
39 replies, posted
[QUOTE=BF;51976506]This isn't a criticism of Trump himself, but of politicians in general: Why is infrastructure spending often an election promise from virtually every politician in the world? You'd think that if they were elected to improve the infrastructure, that it wouldn't be an issue by the time of the next election? Do people only ever propose it just to get elected, but then completely forget about it afterwards?
At least Trump seems to be acting on it, so no problems here.[/QUOTE]
Its perfect for a election promise, no one can disagree with spending on infrastructure. But then the second they get elected and figure how expensive it is they just drop the promise and it becomes an issue for the next administration.
Excuse my ignorance but I don't really get why private companies would invest in the construction of public infrastructure. Am I completely misunderstanding what that statement is saying? How would a private company make money off of building and repairing publicly-owned infrastructure?
[QUOTE=Geikkamir;51978734]Excuse my ignorance but I don't really get why private companies would invest in the construction of public infrastructure. Am I completely misunderstanding what that statement is saying? How would a private company make money off of building and repairing publicly-owned infrastructure?[/QUOTE]
part of it is that cities and states can issue bonds which mature and pay back but that has a limit in how much you can put out. this proposal is pretty much bullshit like usual
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[QUOTE=Geikkamir;51978734]Excuse my ignorance but I don't really get why private companies would invest in the construction of public infrastructure. Am I completely misunderstanding what that statement is saying? How would a private company make money off of building and repairing publicly-owned infrastructure?[/QUOTE]
If there's no infrastructure, there's no customers. Granted that is a gross oversimplification, but in some circumstances, the incentive exists.
[QUOTE=BF;51979770]If there's no infrastructure, there's no customers. Granted that is a gross oversimplification, but in some circumstances, the incentive exists.[/QUOTE]
I guess, but I'm not entirely convinced that private investors are going to be terribly interested in spending a shitload of money on something that has no direct financial return.
[QUOTE=Geikkamir;51979779]I guess, but I'm not entirely convinced that private investors are going to be terribly interested in spending a shitload of money on something that has no direct financial return.[/QUOTE]
As Sableye alluded to, the infrastructure would probably be built by state/local governments who would fund it through issuing bonds in the private market, which are repaid to the investors at a later date.
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