Part of Trump’s recipe for winning the presidency was to offer hope to working class voters that they could again acquire decent jobs under his administration. His stated aspiration of rebuliding the nation’s crumbling infrastructure is a goal most of us can agree on, especially if it leads to those sought-after jobs.
Upon looking more closely at the specifics of his plan though, I find that it appears to be another Trump scam. Instead of borrowing at today’s low interest rates to actually build and repair projects, Mr. Trump proposes huge tax “credits” to private investors to invest in project. Upon completion these investors not only will have benefited by the credits but they will also own the projects outright, including roads, water systems, bridges and sewer systems. This is a scheme for privatizing everything in sight and then charging citizens for the use of these supposed public assets. To run salt in the wound, his plan has “investors” paying only pennies on the dollar to acquire these assets. I would not be surprised to learn that some of Trump’s own businesses stand to profit from the scheme.
I hope those millions who voted for Trump, trusting in promises to bring back good jobs, are paying attention to this hanky panky. He appears to be playing us for suckers once again.