Wednesday, March 14, 2007

A New New Deal to Rebuild the Middle Class?

Joel Kotkin and David Friedman propose a new New Deal to help the slowly shrinking (as they contend) middle-class:
Is there any way to restore the prospects of middle- and working-class Americans? A comprehensive program to rebuild the nation's highways and bridges, upgrade its ports, construct and expand its energy lifelines and enlarge its public transportation systems could generate hundreds of thousands of good-paying jobs. Admittedly, this back-to-basics strategy is not glamorous. But it has helped narrow economic inequality in the past by producing more balanced economic growth.

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