Main Street Recovery

Main Street Recovery Program

A Substantial, Strategic and Sustained Plan for Economic Revival

Main Street Recovery Program

Our economy now faces the most serious crisis since the Great Depression. The financial crisis that was triggered by the bursting of the housing bubble has now spread to the real economy, and we face a sharp downturn that is spreading across the globe. A serious recession now seems unavoidable in the United States, as well as Europe and Japan. The developing world is already struggling with financial turmoil and economic decline. For the first time since the 1930s, we face a real risk of deep worldwide economic contraction.

Restoring economic growth will require a bold, multifaceted plan. This must begin with a recovery program for Main Street — substantial fiscal expansion to revive the real economy.

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Obama's Green Labor Secretary

huffingtonpost.com — President-elect Barack Obama got it right when he announced Representative Hilda Solis as his pick for the next secretary of labor. Headlines are heralding her as the first Latino to hold the post. But the green jobs movement is jumping for joy because she's green. Through Solis, Obama makes clear his commitment to creating green jobs to lift the nation out of its current economic crisis.

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Isaiah J. Poole's picture

City Recovery Is National Recovery

The incoming Obama administration has promised to bring cities out of the federal policy wilderness to which they have been exiled for the past eight years. And, given the scale of the economic crisis facing the country, it must, for the sake of the country.

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Spend, Obama, spend! And save jobs

salon.com — The first thing Obama should do is use federal funds to keep public employees from joining the swelling ranks of the unemployed.

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Robert Borosage's picture

Post-Partisan Progressives

Welcome to the new "post-partisan" world, in the silly season on political punditry. Turns out the center has triumphed once again. But that, of course, depends on what you mean by center.

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Rick Perlstein's picture

Welcome, Conservatives!

Thank God for conservative flexibility. In 2009, it will be the hand-maiden of center-left consensus.

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Isaiah J. Poole's picture

Mobilize For A Real Recovery

With the economy facing a historic crisis, the question is whether progressives can unite around a plan to make the economy work for working people again, and then work with a new administration and Congress make economic recovery and transformation a reality. What do you think?

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David Sirota's picture

How to Make Sure the Stimulus Stimulates Our Economy, Not China's

President-elect Barack Obama and the incoming Congress seem poised to pass a massive economic rescue package filled with the public spending that progressives have been pushing for years. That's great news, and they are going to need all of our help passing the package over the inevitable obstruction efforts by conservatives. more »

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Robert Borosage's picture

The Change We Need

A key question is whether the stimulus will be strategic — investing in areas vital to our future, rather than in simple one-off expenditures for temporary effect.

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