Wednesday, December 27, 2017

Infrastructure

As talk about infrastructure spending takes over the news it is time for a review of the government’s last attempt and why this time will be different. Early in the Obama administration an $840 billion economic stimulus package was approved for the now infamous, “shovel ready jobs program” and while the money was spent not much was accomplished. One of the reasons was red tape. There were so many regulations, things like environment studies that nothing could get going. Many of these regulations have been repealed and thus this time things may work better. The democrats say they are willing to work with Trump but they want only government spending but Trump wants public and private investment. If they can work out a compromise things may begin to happen. Stay tuned!

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