In this installment on the STOTU we turn to rebuilding America. [Click this link for the Prepared Remarks.]
" The third step in winning the future is rebuilding America. To attract new businesses to our shores, we need the fastest, most reliable ways to move people, goods, and information – from high-speed rail to high-speed internet."
Attract new businesses from where exactly? Does Obamination prefer foreign owned enterprise to home grown enterprise? Railways are too inflexible and too capital intensive to compete with trucks and passenger autos. Without federal subsidy, Amtrack would be priced out of reach. Internet connections are being made by private enterprise, why should the government get involved?
" Our infrastructure used to be the best – but our lead has slipped. South Korean homes now have greater internet access than we do. Countries in Our infrastructure used to be the best – but our lead has slipped. South Korean homes now have greater internet access than we do. Countries in Europe and Russia invest more in their roads and railways than we do. China is building faster trains and newer airports. Meanwhile, when our own engineers graded our nation’s infrastructure, they gave us a “D.”
Whenever Obama says "invest", it is code for wasteful spending; flushing trillions down the crapper and adding to the debt & deficit without any commensurate benefit. Telephony is not a government function, neither is the internet. Private enterprise is taking care of that and making a profit. Lets leave it that way.
While people are losing their homes to foreclosures because they can't pay their mortgages, Obamination wants to raise taxes and inflation, putting even more strain on real disposable income. We said "
NO!" last November; he did not get the message.
" We have to do better. America is the nation that built the transcontinental railroad, brought electricity to rural communities, and constructed the interstate highway system. The jobs created by these projects didn’t just come from laying down tracks or pavement. They came from businesses that opened near a town’s new train station or the new off-ramp."
Translation: 'If you build it, they will come." The town where I live has high speed internet access, a minor state highway passing through, a major state highway 12 miles away and a major federal highway thirty five miles away. It does not have any new major employers as a result. Instead, factories are closing or moving away both locally and region wide.
" We will put more Americans to work repairing crumbling roads and bridges. We will make sure this is fully paid for, attract private investment, and pick projects based on what’s best for the economy, not politicians."
"Shovel ready projects"; is anybody stupid and gullible enough to believe that slogan again? "Fully Paid for." How Gd'd stupid does this clown think we are? $4 Trillion in debt and he pitches "fully paid for". Profanity fails me. No execration can match that insult to our intelligence. America leads the world in one class: arrogant demagogues.
"Within 25 years, our goal is to give 80% of Americans access to high-speed rail, which could allow you go places in half the time it takes to travel by car. For some trips, it will be faster than flying – without the pat-down. As we speak, routes in California and the Midwest are already underway."
The current rail bed will not support the top speed of current locomotives. How does Obama hope to upgrade the tracks and pay for it? How can he hope to do it, increase the speed and make the tickets affordable?
Terrorists have not yet attacked our rail stations or trains as they have in Europe and India. The low traffic volume makes them unattractive targets. If you increase the traffic, they will be attacked, then the security measures will be imposed, after the blood and guts of a few hundred people are splattered about. No thanks.
"All these investments – in innovation, education, and infrastructure – will make America a better place to do business and create jobs. But to help our companies compete, we also have to knock down barriers that stand in the way of their success."
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The barriers to success are, in order of importance: unions, taxes, regulations, uncertainty and foreign competition. Obamination will make three of those problems worse.
"Over the years, a parade of lobbyists has rigged the tax code to benefit particular companies and industries. Those with accountants or lawyers to work the system can end up paying no taxes at all. But all the rest are hit with one of the highest corporate tax rates in the world. It makes no sense, and it has to change."
Who was in charge of the House Ways and Means Committee while that tax code was written and amended? What makes any sane and sober person hope that system will change?
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