Say hello to the New Deal 2.0.
It’ll be bigger than anything we’ve ever seen and it’ll effect everything, from schools to electric grids to mass transit to public works to hospitals.
Also, government buildings will finally become energy efficient and hopefully serve as a model of how Washington can lead on issues instead of being a symbol of the problem.
I’m betting we’ll see a price tag closer to $1 trillion than the other numbers that were previously thrown around, but whatever it may be, signs point to Americans being in favor of bold action. Because at this point, the job losses are just getting too big and the threat of more price deflation means immediate measures need to be taken in order to make sure our economy doesn’t fall off a cliff.
However, if you’re not in favor of this plan, what do you think we should do? And how would it work to address the economic realities we’re seeing currently?