This is a great hour-long program about the rapidly rising US national debt. It’s a compelling description of how we got to where we are.
It may not be of as much interest to those not holding US passports or green cards.
I couldn’t have said it better myself.
by The Library of Virginia
Great piece in The American Prospect from Economist blogger Ryan Avent. He’s full of vitriol, and rightly so, on the lack of foresight that’s being shown by the Senate in their evaluation of the stimulus package. There’s a lot to his piece, which I won’t summarize here, but this one-two [...]
by Ian Muttoo
Normally I’m no huge fan of The Nation but this provides a reasonable background on the political coalition that’s being assembled to push forward transport improvements across the country.
It is a self-fulfilling prophecy: if you build highways, inefficient suburban sprawl will develop and, ultimately, so will traffic and the demand for yet [...]
Great article by Harvard economist Edward Glaeser in the Boston Globe on infrastructure spending. He reminds us that Barack Obama is the first urban President since Teddy Roosevelt. Quoted:
Per capita transportation spending in the House stimulus package, including transit, is more than 50 percent higher in the 10 least dense states than in the 10 [...]
If nothing else it’s promising to see that the economic recovery package before the US Congress has pushed up public transportation projects in terms of national awareness.
The New York Times has a piece on 20 January details how the current recovery plan fails to make major steps in terms of infrastructure reinvestment. It focuses on a [...]
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