Exactly the time to rebuild America’s infrastructure

posted by
September 27, 2011
Our Future Blog
by Robert B. Reich  
Posted in Commentary, PND Commentary

"Seems like only yesterday conservative nabobs of negativity predicted America’s ballooning budget deficit would generate soaring inflation and crippling costs of additional federal borrowing. Remember Standard & Poor’s downgrade of the United States? Recall the intense worry about investors’ confidence in government bonds -- America’s IOUs? Hmmm. Last week ten-year yields on U.S. Treasuries closed at 1.83 percent. In other words, they were wrong." (09/27/11)


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