INFRASTRUCTURE

Infrastructure has come to be central to politician and economist verbiage. I began hearing the word in conjunction with President Obama’s change that can be believed in when I began wondering what he meant by infrastructure. Below is my understanding of what  President Obama was saying about infrastructure on January 6, 2009. Today 8 years later President Trump is talking about infrastructure.

Voice: Infrastructure, Credit, Internet; Tuesday, 6 January, 2009

Infrastructure, Credit, Internet

Infrastructure now includes broadband and computer/internet systems.

Credit crunch means difficulty obtaining investment for broadband computer Internet companies.

Current economic troubles are the result of the third major oil shock as rising energy prices act as a tax on spending/consumption leading to tight credit. When the campaign for infrastructure renewal is over, crumbling bridges, school buildings and pot holes will remain while technology will maintain its shiny transparency…

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