Re:Made in America is back, leaving US factories scrambling ...
by bobthepanda on Monday October 10, 2022 @02:49AM
(#33148529)
Most states and localities cannot borrow anywhere near as much before testing the markets. (For a non-state example of how horribly that can turn out, look at Puerto Rico.)
Re:Made in America is back, leaving US factories scrambling ...
by landemva on Monday October 10, 2022 @03:50AM
(#33148858)
Puerto Rico is mis-managed in budget, revenue, and planning. Also, not a USA State.
Some USA ski towns have tens of millions banked and are using that to build.
Am interested in learning why you think USA feds can do these local housing projects. Feds run massive fiscal deficits.
Some USA resort towns and counties do it. They are flush with vacationer tax dollars and short labor, so local gov't builds housing mainly for workers.
The feds don't have the funds to do this, though the feds can borrow from the future apparently indefinitely.