Domain: tiger-web1.srvr.media3.us Infastructure Spending at Historic Lows | Page 3 | Political Talk
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re: Infastructure Spending at Historic Lows

Posted on 4/30/18 at 10:25 am to
Posted by NYNolaguy1
Member since May 2011
21726 posts
Posted on 4/30/18 at 10:25 am to
quote:

I'll give you all the infrastructure spending you want... For a 1:1 reduction in entitlements.



Like SSI?
Posted by RD Dawg
Atlanta
Member since Sep 2012
28201 posts
Posted on 4/30/18 at 10:30 am to
quote:

Maybe, but they still have a lot of traffic moving in and out of them in urban areas and even suburban ones.


No they don't at least not where I live.They're almost completely empty and in the winter time it's a place where smelly homeless people hang out.

There isn't a big need to go to a public library if your doing research or simply going there to gather information...all of which can be done on the interwebs
or at archives.Lots of people use Kindle as well to get
their literature.
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
36537 posts
Posted on 4/30/18 at 11:00 am to
.....whatever, my point is that in Louisiana, you can't get the population to pay for infrastructure whether it be the library or he roads or the bridges.....they'd rather pay for truck nuts etc. Then the people bitch about how stupid everyone else is and the lack of economic opportunity, which coincidentally goes hand in hand with good infrastructure....like the type you have in Atlanta.
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
36537 posts
Posted on 4/30/18 at 11:06 am to
quote:

Now let’s view a chart of entitlement spending.


We bitch about that endlessly, but when you look at the federal budget, entitlement spending is not as much as you think as a percentage. I really don't consider SSI an entitlement since most of us have PAID int it and Medicare is something that most W2 employees get to pay every 2 weeks from their paychecks

Most people on here have no idea where the biggest wastes of money happens.
Posted by HogX
Madison, WI
Member since Dec 2012
5602 posts
Posted on 4/30/18 at 11:08 am to
quote:

Or defense spending. Deal?


Why not both? They're both hopeless money pits as they stand.
Posted by HeyHeyHogsAllTheWay
Member since Feb 2017
12458 posts
Posted on 4/30/18 at 11:09 am to
Anyone who has been involved with government projects of any sort can tell you that > spending =/= better quality anything.

And the reason for that is simple. Bloated government. We have so many levels of bureaucracy that is way too easy for people who are so inclined to waste tax payer money, or outright steal it, with little to no danger of being caught.

Way too many fingers in the pie.
Posted by IrishTiger89
Member since May 2017
1492 posts
Posted on 4/30/18 at 11:19 am to
Or just at work

From a quick google search (from 2015)

This post was edited on 4/30/18 at 11:30 am
Posted by SoulGlo
Shinin' Through
Member since Dec 2011
17248 posts
Posted on 4/30/18 at 11:21 am to
Government investment means infrastructure?
Posted by IrishTiger89
Member since May 2017
1492 posts
Posted on 4/30/18 at 11:22 am to
quote:

Is this sarcasm?


Yes
This post was edited on 4/30/18 at 11:26 am
Posted by deltaland
Member since Mar 2011
101482 posts
Posted on 4/30/18 at 12:02 pm to
How do you have negative percent spending?
Posted by deltaland
Member since Mar 2011
101482 posts
Posted on 4/30/18 at 12:04 pm to
quote:

That’s because people want to watch America crumble so they can have an extra $50 a month in their pockets



Oh shut the frick up
Posted by HeyHeyHogsAllTheWay
Member since Feb 2017
12458 posts
Posted on 4/30/18 at 12:04 pm to
quote:

I really don't consider SSI an entitlement since most of us have PAID int it


Wrong sir, SSI is separate from Social Security and no one pays into that. It's welfare taken directly out of the general fund.
Posted by IrishTiger89
Member since May 2017
1492 posts
Posted on 4/30/18 at 12:05 pm to
Net Investment is negative if depreciation > capex
This post was edited on 4/30/18 at 12:06 pm
Posted by CivilTiger83
Member since Dec 2017
2525 posts
Posted on 4/30/18 at 12:07 pm to
Something about that graph doesn't seem quite right. I think they might be playing games with the term "Net Investment"... what exactly does that mean?

This graph shows state and local spending as a percentage of GDP...


Infrastructure investment overall is down despite growing debt because entitlements are growing and have grown significantly over the past 20 years. It will continue to crowd out other forms of government spending.

Also infrastructure is more expensive to build now than 50 years ago because we are building in more built out environments with all kinds of utility conflicts, permitting issues related to the Clean Water Act and FEMA. Prior to the mid-20th century, municipalities idea of sewage treatment was to combine all rainfall and sewage into one system and send it downstream. Nowadays we don't do that, and for those places that have old systems that were built long ago, it requires some really expensive solutions to fix the problem. That isn't even building new roads... it's just trying to clean up the mess we left ourselves with. Prior to the last 20 years, they also didn't care if that road or new development they were building would flood their neighbors downstream. Some regulation from the EPA and FEMA may be an overreach, but a lot of it is just trying to make sure you don't leave your downstream neighbors worse off.
Posted by Dawgfanman
Member since Jun 2015
26079 posts
Posted on 4/30/18 at 12:08 pm to
The amount spent as a percent of gdp is meaningless. A micro Econ example to explain. Today Americans spend considerably less, as a percentage of income, in food than in the 50s. That doesn’t mean they aren’t eating as much.
Posted by deltaland
Member since Mar 2011
101482 posts
Posted on 4/30/18 at 12:08 pm to
quote:

Well it should be, considering we really shouldn't be building that many new roads, sewers, etc like we did in the 50s and 60s


There is a lot of infrastructure that needs to be completely replaced/modernized though. So much has changed in regards to population, traffic, etc since the 50s. It's ageing and most of it is bearing a load it was never designed to withstand
Posted by RD Dawg
Atlanta
Member since Sep 2012
28201 posts
Posted on 4/30/18 at 12:12 pm to
quote:

but when you look at the federal budget, entitlement spending is not as much as you think as a percentage


Do what?It most certainly is a huge part of the budget

Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
8608 posts
Posted on 4/30/18 at 12:19 pm to
You can largely thank the debt holes that public pensions have put states in for that. As the chart shows, most infrastructure spending is state and local, as is most public pension outflow. As the ratio of public pensioners to taxpayers has grown, the percentage of state and municipal coffers that can fund infrastructure development has shrunk significantly.

Same problem most big state universities are having, actually.
Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
8608 posts
Posted on 4/30/18 at 12:27 pm to
quote:

quote:
Now let’s view a chart of entitlement spending.


We bitch about that endlessly, but when you look at the federal budget, entitlement spending is not as much as you think as a percentage. I really don't consider SSI an entitlement since most of us have PAID int it and Medicare is something that most W2 employees get to pay every 2 weeks from their paychecks

Most people on here have no idea where the biggest wastes of money happens.


Most Boomers are going to be getting more out of SS and Medicare than they paid in in real dollars. The taxpayer to receiver ratios since the 60's make that an absolute fact.

You see it in this thread. Conservatives railing on about federal waste and poverty programs where they don't fully realize that those two - SS and Medicare - are, by far, the biggest costs of the federal government. Everything else, with the exception of defense (which fell a lot in real dollars and as a % of GDP under Obama) and interest on the debt, is basically peanuts compared to those two. Add in public pensions at the state level and you have the Big Three that comprise well over 2/3rd's of our total tax spend in this country. But absolutely no one is willing to touch it because it is a huge political loser, yet Boomers as a whole are going to be getting much more out than they paid in.
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
36537 posts
Posted on 4/30/18 at 12:36 pm to
quote:

Oh shut the frick up


You want that 50.00 a month for truck nuts....admit it.....admit it!!!
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