Invest In America
Top Stories
'Green Stimulus' Gets $100 Billion Jolt
The Case
Stranded On The Road for Cheap Political Points
Doing away with federal gasoline taxes for even a short period of time will do serious damage to the economy as we head into a recession and as high gas prices affect our commuting patterns. Federal gasoline tax dollars go into a trust fund that helps pay for roads, bridges and mass transit. According to the federal government's own calculations, every $1 billion spent of the gasoline tax revenues creates nearly 35,000 jobs. A summertime "gas tax holiday" could cost the nation almost 350,000 jobs and would halt work on vital improvements to roads and bridges, as well as mass transit systems stressed by new riders leaving their cars at home. According to the Congressional Budget Office, we're already falling behind in our ability to pay for our transportation needs. The bigger issue is this: An economy that depends on the efficient interstate movement of goods and services can't afford to continue starving the maintenance and growth of our transportation network. But that's what we've done under the Bush administration, which opposed moves even from within its own party to increase transportation spending enough to match actual needs. Dumping the burden on already-strapped and unevenly equipped states won't solve the problem. A transportation system that allows the economy to operate efficiently and save precious fuel is a national priority; we should all share in the costs and the benefits.more »
Rebuild Our Public Infrastructure
Conservatives have no legitimacy when they complain on one hand about pork-barrel spending while squandering money on “bridges to nowhere,” on crony corporations like Halliburton and on subsidies for their political contributors. Meanwhile, the American Society of Civil Engineers estimates we need to spend $1.6 trillion over the next five years to fix our roads, bridges, water lines and other essential public resources. These are real needs, not "pork." Plus, it's a matter of global competitiveness: Countries like China and India are making massive investments in public transportation, schools and broadband, while too many of our children study in crumbling schools, workers lose productivity on crowded roads, and Internet commerce suffers under some of the slowest and most overpriced broadband connections in the industrialized world. The more-than-$100 billion a year spent on the war in Iraq would go a long way to funding these investments, which would enhance our economic security..more »
The News
Obama can help free trade with tariffs
U.S. Economy Gets Lift From Stimulus
The Case
What the Future May Hold
What will the United States be like in 20 years when today's toddlers are in college or trying to land that first job or maybe thinking about starting a family? The answer will depend to a great extent on decisions we make now about the American infrastructure. more »
The Story Behind The Recovery Numbers
One number — 640,329 — figure represents the number of jobs that have been created or saved so far through the Recovery Act, according to a report released by the Obama administration. But the true significance of this number lies in the people behind it. Their stories show the true return on investment that America’s communities are reaping from Recovery Act funding.more »
Latest from our Bloggers
12:09 pm
Today’s unemployment data contain gloomy news. Gloomy, but expected. The interpretation of the data is even worse. more »
10:51 am
New public opinion research by the Economic Policy Institute contains reassuring findings. The American people are smarter than they sometimes look on TV. more »
4:07 pm
Yesterday, I looked at what Michael Moore's call for a democratic economy would mean at the national level. Today, I wanted to look at what it means at a smaller scale, at individual workplaces and for the values that each of us carries around. more »
5:53 pm
Michael Moore's latest movie Capitalism: A Love Story, not only warns against greed and the love of money, but calls for a democratization of the economy. more »
4:52 pm
For a long time, Corporate Democrats have taken advantage of organized labor to mobilize voters for them and fund their campaigns. However when big votes come up against powerful corporate interested, these Democrats continually abandon organized labor on key issues like the public option, Employee Free Choice Act, trade agreements, and other issues important for working people. more »
3:40 pm
West Virginia shows us how we could easily win over this key segment of society, working class whites, with a New Deal-style industrial policy. more »
1:52 pm
Trade policy may become a flash point in the Pennsylvania Democratic Senate primary, as both candidates at Netroots Nation sought to criticize the other as too supportive of unfair trade agreements. more »
4:12 am
As the International Trade Commission considers comments on its recommendation to impose tariffs on Chinese tire imports, President Obama stands at a crossroads in the fight to rebuild the American economy. more »

