Article

2022-06-21 Economy

Inflation is forcing state and local officials to CANCEL or scale back infrastructure projects under Biden's $1trillion bill: Shortage of workers and prices of pipes, asphalt and construction materials surging

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Posted by Skidmark 2022-06-21 00:00|| || Front Page|| [11127 views ] Top

#1 Many have been forced to cut back on purchasing. Reduce inventories and reduce help. The next phase is layoffs. Regan said it best, Your neighbor loses their job is a recession. You lose your job is a depression. So I am telling people to hold onto their job. It's gonna get rough. Why, because this administration has not done anything right.

Posted by Dale 2022-06-21 04:10|| 2022-06-21 04:10|| Front Page Top

#2 Bizarre that there is a shortage of concrete. In Pocatello the local supplier serves over 300 commercial customers. Currently they have enough mud to adequately support 18

Posted by Slenter Panda4300 2022-06-21 06:53|| 2022-06-21 06:53|| Front Page Top

#3

As people continue to purchase less durable goods, and spend more of basic survival items (food, gas & med's) Sales Tax revenues are sure to drop.

With Mid-Term run offs in GA. now in play. The Gold Dome approved the continued suspension of Gas (road) Taxes.

Next year GA's Hwy's will surely tell.

Posted by NN2N1 2022-06-21 07:49|| 2022-06-21 07:49|| Front Page Top

#4 ..how much of that road maintenance tax do the EV users pay?

Posted by Procopius2k 2022-06-21 08:06|| 2022-06-21 08:06|| Front Page Top

#5 /\ You P2k, should be in government.

Posted by Besoeker 2022-06-21 08:12|| 2022-06-21 08:12|| Front Page Top

#6 My daily commute includes about 10 miles of I271. I got nervous when it looked to be going under heavy construction. Instead the crews did about a week of partial repairs to North and South bound lanes and booked it. It wasn’t really what was needed but I wasn’t looking forward to months of slowdowns. I wonder if projects are being scaled back and the bill will yield mediocre benefits at full cost.

Posted by Super Hose 2022-06-21 12:28|| 2022-06-21 12:28|| Front Page Top

#7 #2 my area also. Why concrete who knows.

Posted by Dale 2022-06-21 14:15|| 2022-06-21 14:15|| Front Page Top

#8 #2 my area also. Why concrete who knows.

Posted by Dale 2022-06-21 14:15|| 2022-06-21 14:15|| Front Page Top

#9 Cement/concrete comes from Mexico.

Posted by Skidmark 2022-06-21 14:19|| 2022-06-21 14:19|| Front Page Top

#10 Farmer in Kentucky who employs about 1000 asked supplier for year contract diesel price. No way. Too unstable. Supplier said by September diesel will be 10 dollars a gallon. I say again will be 10 dollars a gallon. Mid su7mmer Maryland 10 dollars a gallon for regular. July 1st 18% tax added on.

Posted by Dale 2022-06-21 14:20|| 2022-06-21 14:20|| Front Page Top

#11 Had a patchwork assfault 2 lane road leading to my 1.5 lane dirt/gravel road. Somebody decided to resurface it. 2 years ago the surface was stripped down to stones and clay, then the winter rains came. 3 months later after repacking, they began spraying with tar and chipping. Over budget because of the delay they painted a center line on what they had surfaced, and the remaining gravel. 10 miles of that. When it immediately began cracking and settling (and the painted centerline disappeared)another firm got the contract to patch the cracks and load test the rest. A third firm was contracted to tear it all up again, repack, tar and chip it again. Now 3 years later the new surface is holding but getting travel grooves.

Posted by Skidmark 2022-06-21 15:06|| 2022-06-21 15:06|| Front Page Top

#12 So three years and several expensive contractors later you’re not even back to where you started, so the system is working as designed.

Posted by Glenmore 2022-06-21 17:01|| 2022-06-21 17:01|| Front Page Top

#13 What good is politics if you can't make a cross-eyed brother-in-law employment project out of everything?

Posted by M. Murcek 2022-06-21 17:08|| 2022-06-21 17:08|| Front Page Top

#14 @#4- Oh, don't you worry. You will one day be taxed by the mile. Those nice and convenient GPS's in your car will come in handy for the tax man.

Posted by DooDahMan 2022-06-21 22:49|| 2022-06-21 22:49|| Front Page Top

23:33 Spats White3102
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