This #belowthefold unpacks two U.S. policies and one in the UK. co-Host Gabe Moss looks at a new study that estimates the administration’s plan to invest $200 billion in infrastructure will generate an additional $30 billion in state, local, and private spending, not the $1.5 trillion the administration announced. Moderator Jessica Blackband next looks at the Trump administration’s decision to allow the import of elephant trophies on a case-by-case basis. Lastly, co-Host Natalia Abrahams looks across the pond at the UK, which offered land for reduced prices in an effort to increase affordable housing. However, now land banking is occurring where developers buy the land at reduced prices and sit on it so that it increases in value.
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See the sources:
Gabe Moss: The math in Trump’s infrastructure plan is off by 98 percent, UPenn economists say, The Washington Post
The White House FY 2019 Infrastructure Plan, Penn Wharton University of Pennsylvania Budget Model
How Trump Plans to Turn $200 Billion Into $1.5 Trillion in Infrastructure Spending, The New York Times
Jessica Blackband: Trump to consider elephant trophy imports on ‘case-by-case’ basis, The Hill
Import of Hunted Elephants, U.S. Fish & Wildlife Service
Natalia Abrahams: Theresa May’s housing speech in full: Prime Minister promises crackdown on landbanking developers, The Mirror
‘Do your duty to Britain’, Theresa May tells property developers in major speech on ‘restoring dream’ of home-ownership, The Independent