The president wants to spend $10 billion to capitalize an infrastructure bank to leverage private andpublic investment for modernizing roads, rail, airports and waterways. Sens. John Kerry, D-Mass., andKay Bailey Hutchinson, R-Texas, has co-sponsored similar legislation.Expanding access to high-speed wireless as part of a plan for freeing up the nation's spectrum. Rep.Greg Walden R-Ore., has held hearings on the role of spectrum policy in promoting wireless broadband,bringing interoperable broadband communications to public safety, creating jobs, and reducing thedeficit.
Getting the the wealthiest people in this country and the largest corporations have got to beginpaying their fair share of taxes
We need jobs now, we can’t wait for the next election.
, chief economist at Moody’s Analytics and a top John McCain adviser in 2008, estimates thatthe president’s plan would add 1.9 MILLION jobs, increase economic growth by 2 percentage points in
2012 and lower unemployment by one full percentage point. Zandi added:Something like this is much needed. The economy is on the edge of recession.
: It’s the president’s fault we are in this mess. We can’t spend more money on jobs now.
“A debate that was forced upon us by the historic run
up in debt that’s occurred over the past two and
a half years as a
result of this President’s unprecedented spending,” McConnell said. “Yet here we are,
tonight, being asked by this same president to support even more government spending with the
assurance that he’ll figure out a
way to pay for it
Democrats say: We need to rebuild our infrastructure. It is a scandal that our roads and bridges
Our roads, bridges and schools are crumbling creating threats to our lives and well-being not only now but in the future also. We need the next generation of quality goods to bear the
stamp: “Made in America”. The
infrastructure bank will do just that.
Republicans say and have said
(they are almost silent on this at the moment):This is not going to create a ton of new jobs. It will create a few jobs, but it will also add to our rapidlygrowing national debt. We need more tax breaks for corporations. We need to remove burdensomeregulations, in other words the Bush growth model.
We can't afford for folks who are the most fortunate to do the least, and put the largestburden on the folks who are struggling the
most. That doesn't make sense.” We can’t afford to keep
tax loopholes for oil companies, or the tax breaks for millionaires and billionaires in the present tax
code. We have to work as hard for tax cuts for workers and middle-class people as the lobbyist work for
oil companies and rich folks.”
resorting to the lowest form of political rhetoric. And that’s trying to pitpeople against each other on the basis of class and income.”
That’s class warfare. We need