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Falling Apart, Falling Behind

Previous posts and our report have discussed how America is falling apart. Collapsing bridges, high unemployment, and so forth. In this post I discuss how we are falling behind. China recently announced an economic stimulus package worth $586 billion, roughly 7% of...

The Change We Need

Does President-elect Obama represent the change we need? His mainstream appointments — largely veterans of the Clinton administration — have sparked a clamor from worried supporters. But in one of the critical challenges facing the country — how to get the country out...

The Hardest Word

It's sad. So sad. It's a sad, sad situation. And it's getting more and more absurd... Oh, it seems to me, that 'sorry' seems to be the hardest word. Elton John, "Sorry Seems to be the Hardest Word" Absurd. That seems like an appropriate word as we watch the "W" era...

The Opportunity Multiplier

In his first 100 days, President-elect Obama plans to pass an economic stimulus package that will create or save 2.5 million jobs. Economists estimate that this may require almost $1 trillion in government financing, yet, across the political spectrum, they largely...

Build, Baby, Build: The Governors' Consensus

Last month, I suggested that for their political viability, Republican politicians should join with Democrats around a "Build, Baby, Build" strategy of public investment to rebuild and revitalize our infrastructure. It was likely to happen with or without their...

Here Comes The Fuzzy Math

As the new Congress and president forge ahead on an economic recovery plan of at least $500 billion, don't be surprised if you hear conservatives wail that it amounts to wasting $280,000 for every job it creates. And don't believe it. Last week, former Bush...

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