To ignore needed public investments based on anti-spending ideology is to create an infrastructure deficit much more worrisome and damaging to the long-term economic well-being of this nation than the federal budget deficit.
Today, we would rather bicker amongst ourselves than find ways of working together as a team to open up the economy, and rapidly grow our pie. As a result, we find ourselves embracing a no-jobs in our back yard philosophy.
A big national push to build modern infrastructure will ensure America's return to being an engine of production. That's why Congress needs to make room for a National Infrastructure Bank to rebuild America.
As protesters demanding the extension of the millionaire's tax descend on Albany, Cuomo and the state Senate Republican leadership have held firm on their desire to cut taxes for the state's wealthiest.
There are limits to how much a government can receive as grants from donors or borrow. So raising tax revenues is a necessary element for governments to spend on providing more of these essential services and, in turn, reduce poverty.
For those of us wedded to the idea of human development, we try to draw lessons from the catastrophes we manage to live through. One lesson we need to learn is that the impact of natural disasters will continue to grow.
Despite the label "nonsecurity discretionary programs," many of the proposed cuts will reduce our security in a variety of ways, among them increasing our chances of getting sick from unsafe meat and contaminated drinking water.