My letter to the Wall Street Journal--Save Us All From Bipartisanship

  

Re: Infrastructure Deal Tests Whether Bipartisanship Can Survive by Gerald F. Seib

Dear Sirs:

Objecting to this boondoggle of a spending bill would NOT be a repudiation of real bipartisanship. First of all, one may challenge the merits of this bill; i.e., that America even needs an infrastructure bill at all. Is not all infrastructure owned by some entity, which should be responsible for its upkeep? Furthermore, if the bill really is considered to be essential spending, Congress has not considered how to pay for it. This new trillion dollars of spending will rely upon the Fed to monetize the debt, what the rest of know as printing money out of thin air. No other spending is being cut. Interest rates will be suppressed. Therefore, the bill will not be supported by real savings and will lead to higher prices, hurting all Americans. Calling the passage of this bill as a great example of bipartisanship merely illustrates the incompetence of those who vote for it and the shallow reporting of those who should know better.