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Growing Economy

Update on the Federal Recovery Package and the States

Progressive States highlighted a range of studies and analyses in last week's Dispatch on the importance of aid to the states as a centerpiece for economic recovery.  Many state leaders praised the House version of the package introduced last week.  Additional studies released this past week continue to reinforce the point that investments in the states are key to economic recovery:

Why States Need to be a Focus for Any Economic Recovery Plan

We are in what the Center for American Progress has called a "labor market free-fall." The economy shed 524,000 jobs in December, the 12th month in a row of job losses. The unemployment rate spiked half a percent to 7.2 percent, and 11.1 million workers are unemployed, well above expectations.  Over the past year, the economy has lost 2.6 million jobs—more than in any year since 1945.  If nothing is done, the Economic Policy Institutes estimates that more than 5.5 million jobs are likely to be lost during this recession unless a major job-creating stimulus plan is enacted. 

Overview

We live in a global economy where corporations have little loyalty to maintaining decent paying jobs in the United States. Failed policies of corporate welfare and tax subsidies to the already wealthy do little but accelerate job flight and growing economic inequality.

Promoting a growing economy requires a combination of key policies, including:

Stateside Dispatch: Energy Efficiency Created 1.5 Million Jobs in California; Points to National Economic Recovery Program

Reducing the Mortgage Crisis, Abolishing the Death Penalty, & the Passenger's Bill of Rights

Reducing the Mortgage Crisis, Abolishing the Death Penalty, & the Passenger's Bill of Rights

Thursday, December 13th, 2007

Affordable Housing Conference Call, Privatizing Mental Health Services & Trans Fat Bans

Affordable Housing Conference Call, Privatizing Mental Health Services & Trans Fat Bans

Thursday, November 29th, 2007

Pay Dirt: Restoration Economies Uncover Gold (and Green)

Pay Dirt: Restoration Economies Uncover Gold (and Green)

Monday, November 26th, 2007

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Economic Strategies for Nurturing Innovation and Job Growth

Economic Strategies for Nurturing Innovation and Job Growth

Monday, November 5th, 2007

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