Trump’s ‘Infrastructure Plan’ is a fake plan. It only gives $200 billion from the federal government for the $1.5 trillion needed to make the necessary improvements, the rest must come from the states, most of which are out of money.
‘If you only paid attention to the words that tumbled out of his mouth, you might believe that Donald Trump was a successful real-estate developer, just like you might also think he’s a “stable genius” with a “winning temperament” who had a shot with Princess Diana. In reality, none of these things are true.
In the wake of multiple bankruptcies, the Trump Organization shifted from developing properties on its own to licensing its founder’s name to others for multi-million-dollar fees, in what Forbes once called a “low-effort, low-risk, high-reward cash flow proposition.” With no capital on the line, Trump was free to sit back with a taco bowl, take a cut of the profit, and deal with none of the consequences if and when a project ran into trouble. And now, he wants to apply the same model to a $1.5 trillion infrastructure deal.’