Tuesday, March 10, 2009

New New Deal?

Apt, says Paul Krugman.
New-WPA needed, as well, for infrastructure and jobs.

FDR didn't do enough, pulled back to soon.
They had WWII, does that make our wars helpful?

Fantasy of "national unity after the election" would have had a stimulus plan sooner.
Internet,
electrical grid,
weatherproofing and greening,
public transit,
but payroll tax?

Yeah,
yeah whatever.
When pointed out
the contradiction that
while its rational to save,
we need to spend our way out.

Japan in the 90's? An FDR-sinner. Wasn't a depression, but could have.

Courage. We have nothing to fear but fear of infrastructure spending:

Rail,
energy conversation,
broadband initiative,
health care--medical records electrified.

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