Re:A strengthening dollar is bad for the world economy
by e40 on Friday December 02, 2016 @12:23AM
(#13086253)
This happens whenever a government promises to spend a lot on infrastructure improvements.
People keep assuming because Trump said he'd spend on infrastructure that it will happen. Congress is the only entity that can authorize spending, and those in Congress with the power said it is very low on their priority list.
Sure, maybe Trump will make a deal with the House or Senate majority leader, but it seems to me unless something unusual happens, there won't be significant increase in spending on infrastructure.
People keep assuming because Trump said he'd spend on infrastructure that it will happen. Congress is the only entity that can authorize spending, and those in Congress with the power said it is very low on their priority list.
Sure, maybe Trump will make a deal with the House or Senate majority leader, but it seems to me unless something unusual happens, there won't be significant increase in spending on infrastructure.