When he campaigned, 45 promised to tackle infrastructure, and he had bipartisan support for the sentiment, although many wanted to know how he might approach infrastructure repair. Upon election, though, 45 abandoned infrastructures to pick a fight with enemies, real and imagine, fire the man investigating his Russian involvement and make several futile attempts to “repeal and replace” the Affordable Care Act. He finally hit fool’s gold with the Tax Cuts and Jobs Act of 2017, and inappropriately named a piece of legislation that would more accurately be named the Corporate Enrichment and Deficit Expansion Act of 2017.
Now that the Republican Congress has committed to $1.5 trillion more in national debt, 45 says he wants to tackle infrastructure, and he expects bipartisan support. He says infrastructure was an “easy” win, while tax “reform” was more challenging. So, he claims, he took on the more challenging task first. Now, he’s ready to manage infrastructure issues.
ASCE says at least $2 trillion is needed to bring infrastructure up to snuff, with another $200 billion plus needed annually to keep infrastructure in good repair. Their report card details funding gaps, from $42 billion in aviation, $177 billion in energy, where our grid is at full capacity and the population is growing, $123 billion for bridge repair, $1 trillion to ensure our clean drinking water supply, and more. 45 proposes a $1 trillion plan, and talks about public-private partnerships, which seems to suggest more tax breaks for his corporate buddies.
Where do we find $1 trillion, let alone the $2 trillion necessary for infrastructure repair? That’s the hoax in 45’s current embrace for infrastructure. Investing in infrastructure is more economically impactful than tax cuts, but it doesn’t necessarily give corporations a break. So, 45 put something that could make a major difference on the back burner, so he could reward his supporters. Now, he will have to both fight his own party and struggle to gain Democratic support for his infrastructure plan. Why? While the President says he has prioritized infrastructure, House Speaker Paul Ryan wants to focus on “entitlement reform.”
That means he wants to cut public assistance, food stamps, Medicare, Medicaid, and Social Security. Other Republicans aren’t as interested in entitlement reform, as they are interested in cutting the deficit they just committed to growing. They won’t be interested in any new programs, even if they are much-needed infrastructure programs.
So, 45, the Joker, is trying to trick us again. Anyone who has driven down a bumpy highway, been washed out by hurricane waters, or witnessed a bridge collapse will agree with ASCE that our infrastructure needs attention. But simply mouthing the word is much different from finding the money for much-needed repair or replacement of those bridges, roads, parks, schools, levees, and trains that are in poor condition. We might have had the money to tackle infrastructure before we committed to a pricey corporate giveaway. How will we way pay for infrastructure now? More debt? Program cuts? Profit-generating toll roads that that enrich 45’s friends at public expense? Or perhaps we’ll be jolted into action when another bridge collapses?
(Julianne Malveaux is an author and economist.)
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