…incentives were not well-designed, so let’s have some stable, strong banking institutions responsible for the backbone of the infrastructure, the payment system, clearing arrangements, [those kinds] of things. Let’s prohibit…

…left out of Highlights make a difference) 2) Equipment purchases 3) Building and Infrastructure 4) Public Health 5) Jobs. Let us set some parameters. There is a distinction between ‘wasteful’…

…odds that all of the spending in these categories would be focused on American job creating infrastructure did not a priori seem likely. So I took a look at all…

…sector kept the economy artificially juiced up [resulting in a devastating financial crisis and recession]. The progressive prescription for curing the economy isn’t austerity–it is investment in infrastructure, education, innovation,…

…same for China other than an overnighter plus a day in Shanghai, China. Both places are surging in infrastructure and in business. Let me explain why I say such. I…

…period of economic slack to renew and build out our infrastructure. If the federal government had invested more over the past five years, the U.S. debt burden relative to income…

…are too low, subsidies for food and oil will need to be cut, as will spending on programs to provide jobs and new infrastructure such as desalination plants. If the…

…low, and it’s unlikely this will have much of an effect. It’s worth trying, but it’s unlikely to be enough. Yet another solution is to raise public investment; infrastructure spending…

…in its effectiveness by macroeconomists such as Christopher Sims of Princeton University. While the U.S. presidential candidates talk about spending on much-needed infrastructure, there is little chance that a Republican-controlled…

…a decent stimulus package through Congress and to promote funding for desperately needed infrastructure projects, even when interest rates were incredibly low, to a willingness to incur significant deficits in…