Tuesday
Dec092008
Campaign for America's Future calls for massive economic recovery package
Tuesday, December 9, 2008 at 4:07PM
The Campaign for America's Future hosted a conference call to discuss an economic recovery package to help America get out of its recession.
"It will take at least two years of expanded spending to get this economy going," said Robert Borosage, Co-Director for the Campaign for America's Future. "We can't go back to the high-consumption, stagnant income, high-debt model of the past."
The plan called for $900 billion to go towards to expanding public investment. Borosage also called for better health care policies, an increase in regulation of the financial sector, and more investments in a greener infrastructure.
"It will take at least two years of expanded spending to get this economy going," said Robert Borosage, Co-Director for the Campaign for America's Future. "We can't go back to the high-consumption, stagnant income, high-debt model of the past."
The plan called for $900 billion to go towards to expanding public investment. Borosage also called for better health care policies, an increase in regulation of the financial sector, and more investments in a greener infrastructure.
Reader Comments