Can you say "Boondoggle?"
In other words what happens when you give a lot of tax credits to companies to fix infrastructure instead of just taking actual contracting bids?
That's right. You have a boondoggle by which I mean what if the work and materials used are inferior?
What if the labor is just standing there for a year doing nothing like you often see on infrastructure jobs throughout the U.S.?
Without an actual bidding war between Contractors and without inspectors inspecting the materials and the qualifications of the men fixing the infrastructure (whatever they might be working on) you will just have the same thing other countries have which is buildings and bridges collapsing etc. because of sweetheart deals given to companies through nepotism.
So, though on one level it sounds good on the surface. How do you police against a ratio of say 1000 dollars declared as a tax credit with actually there only having been 10 Dollars in service to the American people?
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