BOOMERBUSTER

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Monday, February 27, 2017

RE TRILLION DOLLAR INFRASTRUCTURE PLAN NOT INDUSTRIAL POLICY

Such a plan, even though he seems not to be going to do even it, big blind government infrastructure spending, helter skelter as it always has been, as distributed to and through each individual state, is not a federal industrial policy, and that point needs to be stressed when reading things I say about redevelopment, Marshall Plan, etc.

Lawton Chiles had a state loop road built around the quiet city of Lakeland Florida with federal money, which wasn't needed, and which almost no one used for decades.

Pork barrel politics, the only kind the American system is structured to do, is not national industrial policy.

Moreover, it would be very difficult to reform the one to try to get to the other eventually.

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