Originally Posted by BucEyedPea
This is what you mean by infrastructure projects chiefzill1501:
"Federal bureaucrats think they, not the financial markets should direct investment spending. They want to rebuild "infrastructure," fund space stations, install magnetic supertrains, and set up information highways (or redistribute the existing ones). That's what President Clinton means when he says he'll 'grow the economy' through 'investment.'"
Just like a Democrat/Big Govt Republican aka central planner.
No. Clinton was talking about creating infrastructure on order to keep infrastructure employees employed. I do not support most infrastructure projects with that intention. I support infrastructure projects that enable activities that help businesses run or in an event where one private investor can't possibly do this on your own, but instead requires a pool of investors.
I also do not support full public funding. I would like most of this to be funded privately and for public funding to cover the rest. The cost to the taxpayer for covering excess versus footing the full bill will easily be balanced out by benefit derived by the taxpayer.