Friday, December 12, 2008

Public Investment = Economic Growth

We've been saying this for years: bold public investments can lead to robust economic growth. In bad economic times, increasing or speeding up public investments, rather than cutting those investments, is a sound economic strategy.

Don't believe us? Check out what Mayor Hickenlooper is doing in Denver.

Or for a longer read, check out this CCLP research paper that explores six historical case studies. The executive summary is here, and the complete paper is here.

No comments: