Ignorance ain't bliss.
Rothman took President Trump's call to improve America's infrastructure as an affront to conservatism.
Lincoln started the transcontinental railroad in the middle of a Civil War offering land to the companies who built it.
Bonus: Lincoln approved a welfare program called the Homestead Act. Move and farm an area, and it is yours free.
Teddy Roosevelt started had the USA build the Panama Canal.
Coolidge approved the Hoover Dam.
Eisenhower not only gave us interstate highways, but cleared the way for the St. Lawrence Seaway -- in Canada.
Now Trump is calling for $1 trillion over 10 years in new infrastructure spending.
Rothman at Commentary magazine went ape:
That’s textbook Keynesianism. The logic is similar to that which was favored by Barack Obama and his economic advisors in the wake of the 2008 financial crisis, but with one key distinction: The crisis it would be applied to address doesn’t exist.
John Maynard Keynes-style “pump priming” is shorthand for a package of government spending, low interest rates, and tax reductions to stimulate the economy in recessionary periods. Except there is no recession. The unadjusted unemployment rate in the United States fell to 4.6 percent in November and has been at or below 5 percent since January of this year. That same month, the metric used to measure the underemployed dropped to an eight-year low, although still above pre-recessionary levels. U.S. GDP growth in the third quarter of this year was revised upward to 3.2 percent, which is within an ideal range to sustain population growth. The Dow Industrial Average has been riding a wave since Trump’s election, breaking record highs virtually every other day. If there is an economic crisis, it seems to exist only in the eye of the Trumpian beholder.
Only among Americans without a high school diploma is the unemployment rate still above 5 percent. Labor force participation rates continue to grow every month, suggesting more and more are finding the confidence to enter the job market. For those who are not so confident, however, the mere notion that there is no economic crisis and that their lot in life are of their own making sounds like callous and removed elitism. A cottage industry has arisen in which these voters are told precisely that; their detractors lack the proper class consciousness and can, therefore, be dismissed. To suggest that the nation is not in an economic crisis is to betray to Donald Trump’s core supporters a conspicuously bourgeois attitude.But President Trump is proposing this to fix physical problems.
President Trump wants to upgrade our infrastructure, which he says is falling apart.
That means airports, bridges, causeways, dams, highways, sewers, and the like need repair or replacement.
The Society of Civil Engineers estimated the nation needs a $3.6 trillion upgrade.
In life I have learned to trust engineers, not writers.
I suppose in some sort of weird, strange, anarchistic universe not maintaining levees makes sense because My Gosh It's KEYNESIAN.
We are not in that universe.
We are in the universe where neglecting levees flooded New Orleans after Hurricane Katrina and killed 1,464 people.
A little more patience and a little less Chicken Little from former conservatives like Rothman and his odious publication would be appreciated, because all it does now is discredit the protesters, rendering them useless should President Trump do something alarming.
Have a little fun. Read "Trump the Press," in which I skewer media experts who wrongly predicted Trump would lose the Republican nomination. "Trump the Press" is available as a paperback, and on Kindle.
For an autographed copy, email me at DonSurber@GMail.com