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Infrastructure Spending Is No Cure-All
A lot of people on Wall Street are praising Obama's infrastructure plan for roads, highways, tunnels, schools, green tech, and other build-outs. But they don't know that in 2008 alone the U.S. spent $114 billion on infrastructure, following $102 billion in 2007. Didn't do much for growth did it? ...
Two (radical?) thoughts on infrastructure
tpmcafe.talkingpointsmemo.com — We hear a lot about infrastructure investment today: roads and bridges, mostly. But we live in an... information society and an information economy. We need investment in information infrastructure, and that, in the near term that is relevant for a ... (more) Two (radical?) thoughts on infrastructure
Blue America: Progressive Infrastructure
Blue America: Progressive Infrastructure
firedoglake.com — Dave Johnson You may have heard the term “progressive infrastructure.” We need it. Let me explain. Bush... and the Republicans are out, but we have to consolidate that victory, keep them out and implement progressive policies. We need to ... (more) Blue America: Progressive Infrastructure
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Infrastructure stimulus
Betsy's Page — ... is near the top of the list, perched between Lebanon and Jamaica. Last year, Japan's public debt was far greater than the size of its economy, a burden that makes its demographic challenges more difficult to address. What lessons should the United States take away? It is wrong to assume that construction will guarantee a two-fer for the economy -- shining structures and redemptive growth. The private sector is often better than politicians at guessing what the market needs And Larry Kudlow points out that we have actually been spending big-time on infrastructure in recent ...

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