Laura D'Andrea Tyson: Recovering From a Balance-Sheet Recession - NYTimes.com: "Recovering From a Balance-Sheet Recession"
This whole thing is worth a read. When unemployment is concentrated among the less skilled, doesn't it make sense to launch public works infrastructure programs, as FDR did? Can it be done without the pork all ending up in the hands of rich friends of Barack?
If the Tea Party has its way, we have some pretty big pot holes in our future.