Our nation’s infrastructure is dying of old age and neglect. The solution is obvious: Repair and rebuild. We can't allow conservatives to have us running scared from this issue.
(Author's Note: This post updates Part Three of a series reviewing Warren Mosler's book: The 7 Deadly Innocent Frauds of Economic Policy. The updating is prompted by more »
With the submission today of the President’s proposed budget for next year (FY 2012), Washington descends further into the furious debate about less. How much less will government do? The president pledges to freeze domestic spending for five years, reducing it to a portion of the economy not seen since Eisenhower, while investing in areas like infrastructure vital to growth. more »
House leaders deserve praise for fighting for working people by launching a "Make It In America" initiative which they officially unveiled today. more »
Anne Kim and Jonathan Cowan of Third Way took to the Politico Arena op ed page (and url) on Thursday with the hoary slander that progressives care only about "expanding the entitlement state" and have no interest in economic growth or expanding wealth. Apparently blind to the worst economic downturn since the Great Depression, they then replay New Democrat staples from the 1990s as if they were somehow new or relevant. They get it wrong.
The conservative argument of the last 30-40 years boils down to this: "Hey look at this big pile of seed corn. Let's eat it!" Almost 30 years after the "Reagan Revolution" our infrastructure is crumbling around us. more »
One legacy of the Reagan tax cuts is that we stopped maintaining - and never mind modernizing - our infrastructure. As a result there is a LOT of work that needs doing. And there are a very, very large number of unemployed people. Hmmm... more »
President Obama’s State of the Union outlined a renewed commitment to job creation and focused on investing in the American people once more. For his initiatives to be successful however, the Administration and Congress must greatly invest in worker training if Americans are going to gain the skills needed to take advantage of emerging job opportunities. more »
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