the stigasaurain solution: green tech conversion of amerika the rusty

"What we need to do instead is embark on a massive investment program—as we did, virtually by accident, 80 years ago—that will increase our productivity for years to come, and will also increase employment now. This public investment, and the resultant restoration in G.D.P., increases the returns to private investment. Public investments could be directed at improving the quality of life and real productivity—unlike the private-sector investments in financial innovations, which turned out to be more akin to financial weapons of mass destruction."

"Can we actually bring ourselves to do this, in the absence of mobilization for global war? Maybe not."

" the United States has under-invested in infrastructure, technology, and education for decades, so the return on additional investment is high, while the cost of capital is at an unprecedented low. "


"If we borrow today to finance high-return investments, our debt-to-G.D.P. ratio—the usual measure of debt sustainability—will be markedly improved. If we simultaneously increased taxes—for instance, on the top 1 percent of all households, measured by income—our debt sustainability would be improved even more"


but joe what about the uncle debt ratio 
by funding the surge with taxes on the one percenters...

zoik

we need price level change ....acceleration instead
make it a game of nominal changes that is what economists are supposed to bring to the table not goo goo social engineering

simple financial methods   ...price  dynamics  relative price levels
    and market based  price profit and wage engineering