03 Jan 2009

Brother Can You Spare $1Trillion?

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The Nation’s Katrina Vanden Huevel climbs onto the lap of the American taxpayer and pleads for an increase in Leviathan’s allowance.

Poverty is on the rise, record numbers of people are relying on food stamps and we’ve seen no relief for the foreclosure crisis. There are increasing rates of child abuse and domestic violence linked to this recession. State governments don’t have financial resources to cope at the exact moment when those resources are most needed. Nineteen states and the District of Columbia have lowered Medicaid payments or eliminated people from eligibility. The senior economist of the International Monetary Fund recently warned of another Great Depression

We don’t need a stimulus, we need a recovery. And that means investing $1 trillion over the next two years.

The Congressional Progressive Caucus (CPC) has proposed a plan to do just that–a detailed $1 trillion recovery plan to kick start the economy, invest in sustainable, long term growth and target individuals and communities that are most desperate for resources.

We’ve seen “progressive” economic plans work so often, after all.

One Feedback on "Brother Can You Spare $1Trillion?"

Scott D

Yes, we do need investment, but we need PRODUCTIVE investment. The National League needs more hitting, too, but they’re not looking to the Washington Nationals to get it.


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