Showing posts with label recovery. Show all posts
Showing posts with label recovery. Show all posts

Thursday, June 9, 2011

An Economic Recovery Plan For America

Kenneth M. O’Brien

More than fifteen million Americans are suffering the dire consequences of unemployment.

In the midst of this crisis, we are held hostage to a battle of political ideologies.

The political right repeatedly tells us that we must reduce our budget deficit. Their mantra is that we don’t have a revenue problem, we have a spending problem.

The political left repeatedly tells us that the Republicans caused this problem by profligate tax cuts and spending during the Bush Administration.

To some extent both sides are right and both sides are wrong.