This action might not be possible to undo. Are you sure you want to continue?
Magnitude: A world absent the plan causes Nuclear War (extend Shehadi) and sustains the genocide against Native Americans. Timeframe: The genocide is occurring right now extend Edwards 11 cards. PakistanIndian relations bad; fighting over Kashmir can result into nuclear war extend Shehadi. Probability: We have a 100 percent chance of our impacts occurring. The Genocide is happening RIGHT NOW. And only American policies of internal self determination solve nuclear war and conflict scenarios extend Morris 1992 and Roy 01. Non-Unique The government recently approved funding for California's High Speed Rail system. The estimated cost is about $68 Billion. Our plan is only about $520 Million extend NCAI 2012., a fraction of the HSR system. The government is always spending money. The neg's impacts should have happened already!
California Senate approves funding for high-speed rail Staff, CNN Wire. "California Senate Approves Funding for High-speed Rail - CNN.com." CNN. Cable News Network, 7 July 2012. Web. 14 Oct.
California's Senate on Friday approved funding for the first chunk of a high-speed rail system that is expected to eventually link Los Angeles to San Francisco. In a vote of 21-16, lawmakers gave the goahead for the issuance of $2.6 billion in bonds, while Washington will provide an additional $3.2 billion. The bill also includes close to $2 billion in funding for local projects. How green is high-speed rail? "Not only will California be the first state in the nation to build a high-speed rail system to connect our urban centers, we will also modernize and improve rail systems at the local and regional level. This plan will improve mobility for commuters and travelers alike, reduce emissions, and put thousands of people to work while enhancing our economic competitiveness," said Dan Richard, chair of the California High-Speed Rail Authority, a state agency. The cost of the completed project is estimated at more than $68 billion. The first phase is set to be built in the state's Central Valley. 'Ferrari' train driving high-speed rail renaissance. The bill heads next to the desk of California Gov. Jerry Brown, who has been a staunch supporter of the project. He says it will help create jobs and modernize the state's transportation system. Still, the project has had its fair share of critics, including John Tos, an almond farmer. "We want them to stay off the land. It is not our intention to allow this to happen through our property. We farmed here for a reason, the tranquility of it all. This is farming country. And we want to keep it like that," he said earlier this year. Other critics are concerned about the potential for cost overruns, and question the project's timing given the economic slump. Joe Simitian, a Democratic senator, was among those who voted against the bill. "The question we have to ask ourselves today, is even if you support the vision -- is this a plan that is worthy of our support?" he asked during debate. Will lawmaker's high-speed rail plan fly? According to the California High-Speed Rail Authority, the final rail line will allow passengers to zip between San Francisco and Los Angeles in less than three hours, and between Los Angeles and San Diego in 80 minutes. Every year that the system is being built, as many as 100,000 construction-related jobs will be created, as will up to 450,000 permanent new jobs over the next 25 years, the agency says. President Barack Obama is a big supporter of high-speed rail. His
Natives Spending Block Dizzle Ranch Debate administration has proposed spending $53 billion on a national high-speed rail network, while he has set the goal of giving 80% of Americans access to high-speed rail within 25 years.
US Economy Improving More Than Professional Forecasters Anticipated
Bloomberg. "Bloomberg: US Economy Improving More Than Professional Forecasters Anticipated." Moneynews. N.p., 12 Oct. 2012. Web. 15 Oct. 2012. <http://www.moneynews.com/Economy/US-Economy-Improving-surprise/2012/10/12/id/459782>.
It isn’t only the federal government’s Bureau of Labor Statistics that is issuing surprisingly good news about the U.S. economy these days. If former General Electric Co. Chief Executive Officer Jack Welch’s charges of a political fix to manipulate economic data ahead of the presidential election are true, there must be a vast econometric conspiracy embracing auto dealers, real estate agents, the Federal Reserve and corporate America’s 96-year-old Conference Board. The economy is improving more than professional forecasters anticipated, particularly in data on employment and housing, according to the Bloomberg Economic Surprise Index, which compares 38 indicators with analysts’ predictions. The index, based on gauges compiled by private businesses and trade groups in addition to government, confirms U.S. growth is generating jobs in the face of a global slowdown and looming federal spending cuts and tax increases known as the fiscal cliff. “The economy is improving, and the labor market is getting better,” said Robert Brusca, president of Fact & Opinion Economics and a former New York Fed economist. “These numbers are what they are, they’re not being slanted. On a scale of one to 10, the economy is at a fairly firm six and may be heading higher.” President Barack Obama and Republican presidential candidate Mitt Romney are each trying to convince voters ahead of the Nov. 6 election that they are best equipped to spur growth and accelerate hiring. Nonpartisan forecasters who have developed models to predict the outcome of elections disagree on how the economy will shape the results this time. Rate Fell An Oct. 5 report from the BLS showed the jobless rate fell in September to 7.8 percent, the lowest since Obama took office in January 2009, from 8.1 percent in August. The rate was forecast to rise to 8.2 percent, according to the median estimate in a Bloomberg survey of 88 economists. “Unbelievable jobs numbers. . . these Chicago guys will do anything. . . can’t debate so change numbers,” Welch wrote in a Twitter message immediately after the report. Obama’s campaign is based in Chicago. The BLS data also showed that employers added 114,000 workers to payrolls last month after a revised 142,000 gain in August. The September figure was in line with economists’ estimates for an increase of 115,000. Gallup’s daily tracking of likely voters conducted Oct. 4 through Oct. 10 shows Obama with 47 percent and Romney with 48 percent support. The tracking is a rolling average of seven days of surveys with a margin of error of 2 percentage points. Growing Number The Bloomberg Economic Surprise Index, which compares indicators with analysts’ predictions, shows a growing number of those measures are exceeding expectations. The index climbed to minus 0.06 Friday from this year’s low of minus 0.42 at the end of July. The Citigroup Economic Surprise Index shows a more pronounced improvement. It jumped to 49.4 Friday from this year’s low of minus 65.3 on July 19. A positive reading suggests the economic releases have on balance been better than the Bloomberg consensus. Among the indicators that have topped analysts’ forecasts: consumer confidence, car sales and purchases of existing homes. Sales of previously owned houses, reported by the National Association of Realtors, rose 7.8 percent in August to a two-year high. Cars sold at a 14.9 million annual rate in September, the fastest pace since 2008, according to Ward’s Automotive Group. ‘Doing Better’
Natives Spending Block Dizzle Ranch Debate
“The economy is doing better than people think,” said Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ Ltd. in New York. “Don’t count the consumer out yet.” Among the headwinds to growth, Rupkey said, are the European debt crisis, a slowdown in China and the so-called fiscal cliff, more than $600 billion of tax increases and spending cuts that will take effect early next year unless Congress acts to forestall them. Americans are hearing less negative news about the economy, according to a survey by the Washington-based Pew Research Center for the People & the Press conducted Oct. 4-7. Of 1,006 adults surveyed, the share of people hearing mostly bad news fell to 28 percent this month from 35 percent in September. The percentage hearing mostly bad news about the labor market fell 10 points to 42 percent. Most of the interviews were conducted after the Oct. 5 jobs report. Better-than-forecast economic news, along with stock-market gains, helps explain recent increases in consumer confidence. Sentiment Index The Thomson Reuters/University of Michigan preliminary index of consumer sentiment jumped in October to the highest level since September 2007, before the last recession began, a report Friday showed. The index rose to 83.1 from 78.3 the prior month. The gauge was projected to fall to 78, according to the median forecast of 71 economists surveyed by Bloomberg News. The Bloomberg Consumer Comfort Index registered minus 38.5 in the week ended Oct. 7, close to the prior week’s reading of minus 36.9, which was the highest in three months. “Many of these other groups reporting the numbers aren’t necessarily in President Obama’s camp,” said Steve Jarding, a professor of public policy at Harvard University’s Kennedy School of Government in Cambridge, Massachusetts and a former Democratic consultant. “There’s no collusion out there. The realtors, the car dealers, their numbers aren’t trumped up.” Welch, in a Wall Street Journal column this week, revisited his criticism of the jobs data. “The coming election is too important to be decided on a number,” Welch wrote. “Especially when that number seems so wrong.” Question Marks “If I could write that tweet again, I would have added a few question marks at the end” in order to “make it clear I was raising a question,” he wrote. Still, he added, the dip in unemployment is “downright implausible.” Since last September, the jobless rate has dropped 1.2 percentage points. The only election year in which unemployment fell more during the same period was Ronald Reagan’s 1984 re- election, according to the government’s records. Election forecasters’ economic models differ on this year’s outcome. Moody’s Analytics says its model shows Obama winning with 303 electoral votes, while Ray Fair of Yale University in New Haven, Connecticut, says the race is simply “too close to call." Job Approval At Emory University in Atlanta, Alan Abramowitz, a political science professor, has developed a model based on economic growth during the April-to-June quarter and presidential job approval in the Gallup Poll for the last three days of June. His model forecasts a 67 percent probability that Obama will be reelected and projects a popular-vote victory margin of 1.2 percentage points. Christopher Wlezien, a political science professor at Temple University in Philadelphia, said the direction of the economy is more important than any single number. “This isn’t just one little piece of news, it’s a perception over time,” said Wlezien, co-author of the book “The Timeline of Presidential Elections.” “This is a very close race,” he said. “We’re in a slightly good economy, so it’s a slight advantage for the president.”
Natives Spending Block Dizzle Ranch Debate Infrastructure investment is uniquely effective at stimulating the economy— highest multiplier effect. Xue Han, visiting scholar at Global Infrastructure Asset Management, February 2012, “Why Invest In Infrastructure? Necessities and Benefits of Infrastructure Investments,” Global Infrastructure Asset Management, http://www.globalinfrastructurellc.com/pdfs/Why_Invest_in_InfrastructureNecessities_and_Benefits_of_Infrastructure_Investments.pdf
With the economy still in the prolonged slump after the financial crisis in 2008, the stimulating effects of infrastructure investments on economic growth becomes even more important for speeding up the recovery. Infrastructure investments„ contribution to economic growth come from two aspects: improvement of productivity and relatively larger multiplier effects. Firstly, both fundamental theories and statistical evidences tell us that investments in public infrastructure improve private-sector productivity, leading to a “crowding-in” instead of “crowding-out” of private investments. More specifically, as suggested by Heintz, Pollin and Peltier, a sustained one-percentage point increase in the growth rate of core public economic infrastructure leads to an increase in the growth rate of private sector GDP of 0.6 percentage points. Secondly, due to its relatively larger multiplier effects than that of other types of spending, infrastructure investment still has a strong stimulus on economic growth even without consideration of its productivity improving effects, which serves as the more ultimate reason. Using the reliable estimates on employment generated from a Input-Output model in How infrastructure investment support the U.S. economy (Heintz, Pollin and Peltier, 2009) and a solid assumption on the relationship between GDP increase and employment effects made by Romer and Bernstein, the multiplier effect featured by investment specifically in infrastructure is estimated as 2.8, a lot bigger compared to the general fiscal multiplier of all types of government spending at 1.88, as estimated in my previous research Deficit Reduction and Multiplier Effects. The plan is a drop in the bucket – transportation infrastructure investment is less than 1% of the GDP.
Baker, Center for Economic and Policy Research co-director, 6/28
[Dean, Center for Economic and Policy Research co-director, 6/28/12, CEPR, “Transportation Spending: How About Some Context?,” http://www.cepr.net/index.php/blogs/beat-thepress/transportation-spending-how-about-some-context, accessed 7/5/12, JTF] "A group co-chaired by former transportation secretaries Samuel K. Skinner and Norman Y. Mineta has estimated that an additional $134 billion to $262 billion must be spent per year through 2035 to rebuild and improve roads, rail systems and air transportation." Let's see, $134 billion to $262 billion per year over the next 22 years, is that a lot or is it a little? I really doubt that even 1 percent of the readers of the Post has any idea how much money is involved here. If you added or subtracted a zero from these numbers it would probably look the same to most readers. Suppose we put that as a share of GDP, this would be something like 0.6 to 1.2 percent of GDP over this period. (I'm assuming that these are nominal numbers, but the article doesn't tell us and the report is horribly written so I couldn't find the numbers upfront.) Or, the piece
Natives Spending Block Dizzle Ranch Debate
could have told readers that this was between 3 and 6 percent of projected federal spending over this period. No Impact The US economy is resilient despite short-term bumps – multiple factors Bangalore, 12- Senior Vice President and Economist at The Northern Trust Company (Asha, “Economic Resilience is Firewall of the U.S. Economy”, Northern Trust, 6/13, http://news.morningstar.com/articlenet/SubmissionsArticle.aspx?submissionid=146174.xml&p art=3) The U.S. economy grew at an annual rate of 2.2% in the first quarter, marking the eleventh consecutive quarterly increase from the trough in June 2009. Although this consistent growth trend is impressive, the magnitude of improvement of real gross domestic product (GDP) in the current economic recovery has been sub-par. Incoming economic data appear to cast a shadow on the ability of the U.S. economy to post strong self-sustained economic growth in the near term. However, a detailed investigation of economic reports suggests that, for the most part, the U.S. economy has been resilient and resistant to international economic woes, for now. Starting with the strong positives, the ISM manufacturing survey for April paints a factory sector humming along with activity outpacing the March performance. The Purchasing Managers‟ Index increased to 54.8 in April, the highest since June 2011, while the index tracking new orders increased to 58.2, the best reading in the past year (see Chart 1). The survey of the National Federation of Independent Business shows an improvement in the outlook of small businesses, with the Small Business Optimism Index advancing to 94.5 in April, the highest mark since December 2007 (see Chart 2). From the details of the survey, 19% of respondents indicated that poor sales were the single biggest problem in April. This assessment of small business respondents is an improvement, because 22% held this opinion in March. More importantly, in April, the smallest number of businesses since August 2008 reported that demand for their products is problematic (see Chart 3). In addition to encouraging survey results about the economy in recent weeks, actual economic data also point to forward momentum in the U.S. economy. Consumer spending grew at an impressive clip of 2.9% in the first quarter, the largest quarterly gain since the fourth quarter of 2010. Growth in consumer spending advanced, despite atypical warm weather which resulted in a $14.5 billion and $9.1 billion reduction in consumer outlays on electricity and gas in 2011:Q4 and 2012:Q1, respectively (see Chart 4). U.S. economy is stagnant – even if spending cuts are not made, it will still be far from the brink Armstrong 12 – Michael, Columnist at Philadelphia Inquirer (“Philly Inc: U.S. economy has been too boring to be „on the brink‟”, Philadelphia Inquirer, 06/07/12, http://articles.philly.com/2012-06-07/business/32079906_1_global-economy-economicrecovery-industrial-production)/CP This week, commentators on the financial-news networks were still deconstructing the godawful U.S. jobs report from Friday, which was weak but a far cry from the bad old jobdestruction days of 2008. Never say never, but economic forecasters have been putting
Natives Spending Block Dizzle Ranch Debate
the global economy "on the brink" of something or other every few months for quite awhile now. Just when I would start to get nervous about excessively high borrowing costs in Spain or Italy, along came an LTRO (long-term refinancing operation) to whisk away the pressure. With rhetorical extremes once again overwhelming the bland numbers of a weak U.S. economic recovery, it can be useful to consider blended measurements that try to describe current business conditions or future indicators. The widely watched Conference Board‟s Leading Economic Index is one. Even though it dipped 0.1 percent in April, the trend remains in "expansionary territory," the research group said. We’re in Goldilocks territory (not too hot, not too cold) when the index hovers around zero, where it has been for the last two years. Though the index has spent more time in the negative zone during that time, it hasn‟t slumped much below -0.5. Neither has it rallied as high as 0.5 on the plus side of the axis. In some respects, the two-year line chart plotting the Aruoba-Diebold-Scotti index shows perfectly what this recovery has felt like: The U.S. economy hasn’t gotten very far. So we’re stuck in a rut. That isn‟t as good as being stuck in the Bahamas for an extra day or two on vacation, but far better than being snowed in at the airport at Christmas. We wish things would return to normal, failing to recognize that this has become normal. Again, the economy won’t collapse the Wednesday after New Year’s if Congress does nothing to change the expiring Bush-era tax cuts or automatic spending cuts. It would just make us Europe, where leaders have spent the last three years trying to convince the world they really are addressing their fiscal and debt challenges. We won’t be on the brink. Rather, we‟ll be sitting at the kitchen table sifting through our checkbooks, monthly bills, and pay stubs, trying to come up with a plan that will pay for all we want.
Turn: Our aff actually boosts the economy by providing a more cost effective maintenance funding and solves for the $40 Billion backlog extend NCAI 2012. Prefer our impact Calc; we outweigh the economic collapse. Our plan solves for the Genocide by improving Native economies extend Brooke 98. We solve for Nuke War because indigenous people like Kashmiris follow America's example for self determination, or otherwise resort to external self D VIOLENCE extend the Morris, Roy, and Shehadi Cards. The negative's impacts should have already occurred extend CNN Wire 12. The neg impact is only based off speculation. Our impacts are 100% refer to our overview.
This action might not be possible to undo. Are you sure you want to continue?
We've moved you to where you read on your other device.
Get the full title to continue listening from where you left off, or restart the preview.