Letter: Invest in infrastructure

Tuesday, December 05, 2017
Invest in infrastructure

The recently passed Republican tax cut puts money in the pockets of corporations and high-net-worth individuals with the “hope” that they will invest this money in higher wages for their employees, more plants and equipment, and research into new products and market avenues.

There is no guarantee that this will happen. They may just sit on the extra money or pay it back to stockholders in the form of dividends and stock buybacks, which is what many economists believe.

If we are going to increase the national debt by some very large amount of money, why not use that money to rebuild our roads, bridges, schools, airports and shipping ports. It would be immediate, long lasting, visible and measurable.