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Since President Trump has made the creation of “jobs, jobs, jobs” the theme of his presidency, how about a little help with the daily commute to work?
No matter where you live, if it’s near any one of the 382 major metropolitan areas in the country, your workday begins horribly — by driving or riding over aged and cratered roads or maybe taking a train ride over rails suffering from a lack of maintenance.
The White House has promised help. The president has promised help. Congress has promised help. After swinging and missing on health care reform and seemingly going nowhere fast on tax cuts, the president should look for an easier win and start spending on infrastructure.
It could be the start of detente with Democrats — it’s an “America First” idea that will help all Americans every day.
I understand that when the kooky leader of North Korea fires missiles, you have to focus on international affairs and move a few Navy ships into place. But two train derailments within 10 days here in the US is an equally troubling problem.
It was reported last week that the president has put ex-Goldman Sachs executive Gary Cohn in charge of the infrastructure issue — and that the White House is thinking of getting the job done through a public-private partnership.
There also has been talk that Cohn is thinking about paying for the $1 trillion effort by offering a one-time repatriation tax-reduction holiday, through which Washington would allow US companies to bring their hordes of cash overseas back home at a reduced tax rate. It’s time to turn that talk into action.
Cohn should try to keep lawmakers’ hands off the projects as much as possible. There’s no good effort lawmakers can’t ruin by slipping a ton of pork-barrel spending into the mix.
Trump knows a thing or two about construction and getting things done on budget. And Cohn knows infrastructure spending has a long-term economic benefit that will increase productivity and revenue.
It will also create “jobs, jobs, jobs.”