Investment Economy

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Investing Our Way To Recovery

By John S. Irons
From progressive-opinion
November 14th, 2008
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Submitted by Isaiah J. Poole

progressive-opinion — Critics say federal spending on infrastructure would happen too slowly to have an impact in an economic downturn. But that wouldn't be true in this crisis. Here's why a properly designed recovery package can have a swift impact on jobs and the economy.

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This Moment Screams For Boldness

By Leo Gerard
November 13th, 2008

Within hours of Barack Obama’s election, naysayers chastened caution. Don’t go too far, they inveighed. Build trust slowly with restrained, moderate, and gradual actions, they admonished.

In other words: Start with piddling plans.

Basically, they want to abort hope -- kill it before it has a chance. more »

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COHEAO and NACUBO Survey Reveals Perkins Loan Shortfalls

By Coalition of Higher Education Assistance Organizations (COHEAO) and the National Association of College and University Business Officers (NACUBO).
May 04th, 2008
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Author Organization(s): 
Coalition of Higher Education Assistance Organizations (COHEAO) and the National Association of College and University Business Officers (NACUBO).
Report: 
http://www.coheao.org/resource/frontnews/0508a.asp
Publication Date: 
05/04/2008

Of the institutions that responded to the survey, 28 percent indicated that they expected their institution to have a shortfall in their Perkins Loan fund on June 30, 2008, which would require their institution to make a loan to the fund. Another 18 percent were unsure if they would have a shortfall. more »

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The Promise of Public Investment

By William Milberg
Schwartz Center for Economic Policy Analysis
March 09th, 2007
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Schwartz Center for Economic Policy Analysis
Author(s): 
William Milberg
Report: 
The Promise of Public Investment
Publication Date: 
03/09/2007

For decades now, we have been improvident, shortchanging our own future by putting too little money with too little
forethought into our essential infrastructure. To give a few salient examples, we need to reinvigorate our air, rail, and more »

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Isaiah J. Poole's picture

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Where's Our Bailout?

By Isaiah J. Poole
September 19th, 2008

Almost overlooked in this morning's extraordinary headlines about government intervention to protect the nation's financial system from collapse was the failure of the House of Representatives on Thursday to act on a $50 billion stimulus package for the rest of us. more »

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Collapsing Bridges, Sinking Levees. It’s (Past) Time to Invest

By Eric Lotke
July 31st, 2008

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. more »

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How Conservatives Are Stealing Our Future

Minneapolis bridge collapse. Photo by Poppyseed Bandits via Flickr. (cc)In Part II of her series, "Stealing the Future," guest blogger Sara Robinson examines how conservative ideology, far from promoting optimism, has actually robbed the nation — especially the middle class — of its hope for the future by diminishing government's role in preparing for the future. She calls the conservatives' 30-year "war on big government" a war on "the very heart of democracy itself" that has put our republic "in mortal danger."

Read her latest post | Read Part I

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A Wimpy Stimulus Compromise

By Isaiah J. Poole
January 24th, 2008

The early reviews are in on the economic stimulus plan that has emerged out of talks between the White House, House Speaker Nancy Pelost and House Minority John Boehner. And they are not kind. more »

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Stimulus Package Needs Big Thinking

CONservative Spin:

“As President Bush says, a stimulus package should be built on broad-based tax relief that will directly affect economic growth, not federal spending that would have little immediate impact on our economy. And it should not include any tax increases. ”
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PROgressive Response:

By Isaiah J. Poole
January 23rd, 2008
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So-called "broad-based tax relief" earlier in President Bush's term helped widen the economic gap between low- and middle-income Americans and the rich, and—combined with runaway spending on the Iraq war—makes it almost impossible to pay for the government programs that could cushion the blow of a recession for those most vulnerable. What's really needed is a more targeted tax policy for working-class people; a spending program that helps rebuild the nation's public assets, like roads, bridges and schools; and aid to state governments, whose tax bases are shrinking dramatically because of the mortgage crisis. Groups like the Economic Policy Institute have a plan that would be about the size of the stimulus package that President Bush is proposing, but would be much more effective in helping the economy truly recover.

 Source

http://www.epi.org/content.cfm/bp210

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