1. Universal health care.An interesting list. It has a bit of a dreamy quality, as in that line about we need to spend more on infrastructure but first we need to figure out why it costs so much. But at least there are ideas out there about things that might help with our economic problems.
2. Pro-employment policies. (The government should use corporate-tax incentives to encourage companies to hire and retain workers during recessions. For those who can’t find any job in the private sector, the government should provide jobs directly.)
3. Improve infrastructure. (But the U.S.’s peculiarly high infrastructure costs need to be brought way down.)
4. Encourage urban density.
5. Wealth taxation. (e.g., property taxes and estate taxes)
6. Skilled immigration.
7. Wage subsidies.
8: Stronger antitrust enforcement. (creeping market concentration is raising consumer prices and reducing the share of income that goes to workers.)
9: More research funding.
10: Mobility policies. (Relocation voucher systems . . . job retraining . . . midcareer apprenticeships)
11: Child-care support.
12: Export promotion.
13: Federal housing for the homeless
Sunday, August 20, 2017
A Plan for Economic Growth
Noah Smith has a 13-point plan to help the economy grow in ways that help ordinary people. Here are his planks, with snippets explaining some of them; each is explained more fully at the link: