16 March 2017 — Global Research
Trump’s One Trillion Dollar Infrastructure Boondoggle. Handing Over Public Assets to Private Corporations
By Mike Whitney, March 16 2017
Donald Trump’s $1 trillion infrastructure plan is not an infrastructure plan and it won’t put $1 trillion of fiscal stimulus into the economy. It’s basically a scheme for handing over public assets to private corporations that will extract maximum profits via user fees and tolls. Because the plan is essentially a boondoggle, it will not lift the economy out of the doldrums, increase activity or boost growth. Quite the contrary.