Thread: Bridge loan to nowhere..
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BAR[_3_] BAR[_3_] is offline
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First recorded activity by BoatBanter: Oct 2008
Posts: 1,227
Default Bridge loan to nowhere..
wrote:

Obama's already talking about major infrastructure spending with the
intent of creating jobs. It seems to me, saving GM's jobs, might in the
long run, be cheaper.

Where is the money coming from to pay for those infrastructure projects?
In this recession the government doesn't have the revenue to pay for
these extra projects. With the cost of oil dropping like a rock The
Obama cannot raid the oil companies for "wind-fall-profits" and the
worst thing The Obama can do is raise taxes on anyone.
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