Page 13 - Infrastructure Building News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> it's complicated and sort of creative. let's look at what needs to be done first. where will all this money be inve invested? this is the traditional stuff. airports, air traffic control systems. a long-term clean water project, energy pipelines and coal facilities. remember those coal jobs? security infrastructure. you heard him in that video last night talking about protecting against cyber attacks. that could be technology spending that is infrastructure spending, not necessarily a shovel in the ground. >> very expensive because america has old hardware. >> absolutely. this is needed. it...

Well, this isn't working. and so essentially what china is trying to do right now is to transition to a consumption-led economy, but that's very difficult to do. and at this point, they are not willing to make the reforms that are necessary to let that transition occur. if you're going to have a transition, growth is going to fall. they don't want growth to fall, so they go back to the old stimulus which isn't working. >> yeah, and so what would those reforms entail? >> i think those reforms would entail the government not trying to stimulate the economy with infrastructure building and a numb...

He's doing fairly well there. i think you'll see him in new hampshire almost continuely kind of writing off iowa. that's okay. that's another way to go. the voters of new hampshire expect to see you. the old joke about them is they say i'm not decided yet. i haven't met all the the candidates personally. if you're a marco rubio and you haven't spent much time up there, that will be a bit of a disadvantage and a bit of a problem for donald trump who hasn't been in that state as much as he needs to be. he's likely going to lose iowa. does he deflate like a balloon or does it not matter much. >> ...

Fdr said the same thing. one of the founders of the welfare system said in the 30s that the danger is people become addicted to these government handouts. >> they do. if you are going to argue for some public assistance which fdr and even eisenhower did, make it in the form of infrastructure. we built things like the golden gate bridge, interstate highway system. we put a man on the moon. yes, this is government funding. it employed people toward noble causes. the democrats should make that case, but they are not. they're talking about give aways. >> frankly sometimes i hear about the infrastr...

Camera, tell people what he thinks, what he's feeling, what he thinks, the problems facing this country. that's just joe biden. doing it a long time. >> what it's your connection with joe biden? a relationship previously or just a guy inspired by him? >> i'm certainly inspired by him but i worked on his president's campaign in 2008. i worked for his son for 2 1/2 years, for bo. >> any nudging from the biden family to help get this campaign off the ground? have you had any communication with them? >> no. i talked to the vice president shortly after bo's funeral about bo, not about this. but you...