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Planning for the Public
Good
In addition to approving a $1
trillion bipartisan infrastructure framework on Tuesday, the Senate
passed a $3.5
trillion budget blueprint, marking the start of a new legislative process in which
congressional Democrats will work to draft a package that reflects key
aspects of President Biden’s economic agenda.
As we’ve pointed
out over the past few months, the details of
how such public investments get structured are crucial.
In a new trio of issue briefs,
Roosevelt experts describe how a range of public investments can “be
structured to promote equity and democracy throughout our economy and
political system,” as Suzanne Kahn writes in an introduction to the
briefs.
They propose a democratic and
inclusive approach to industrial
policy, argue the
benefits of a public
option for asset
management, and explain how to structure childcare
investments to
better meet the needs of families and communities.
Each brief “show[s] how affirmative
public policy decisions to cede planning to the market have undermined
equity and democracy and made our economy less resilient,” Kahn
writes. “Though they examine very different pieces of our economy,
each brief arrives at a similar conclusion: To address our nation’s
most urgent problems, we must deepen the public’s role in planning and
oversight.”
Read an overview of the trio:
“Planning
for the Public Good: How to Structure More Equitable and Sustainable
Investments.”
And read on in each individual
issue brief:
What the Media Gets Wrong
About Inflation
“This pandemic experience has . . .
proven that actually, government can do a lot more than we thought.
And actually, it can do it pretty well. We don’t actually have to have
mass impoverishment, eviction, and hunger every time the economy
enters recession. We can actually maintain people’s access to the
necessities of life,” Roosevelt’s J.W. Mason says in an interview with
New York
Magazine in which he
discusses what the media gets wrong about inflation, how to measure
true
full employment, and more.
Read more in “America’s
Inflation Debate Is Fundamentally
Confused.”
What We’re
Reading
Playing Nice With the Fossil Fuel Industry
Is Climate Denial -
The New Republic
The Infrastructure Bill Is a Trillion-Dollar
Test for Environmental Justice - Bloomberg CityLab
College Was Supposed to Close the Wealth Gap
for Black Americans. The Opposite Happened. - Wall Street Journal
The Big Drop in American Poverty During the
Pandemic, Explained [feat. Roosevelt’s Naomi
Zewde] -
Vox
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