It's all so simple! How did we not think of this before? In order to stabilize the economy, all politicians have to do is "make substantial investments in infrastructure, energy, education and the social safety net, tax the rich, end the wars, and create a wider revenue base through job creation." Duh, right? It's as easy and American as apple pie, according to the experts, reports HuffPo:
On Monday afternoon, MoveOn.org and Rebuild the Dream announced a campaign to build up a popular movement that could match (if not surpass) the debt reduction crowd in both size and energy. And they have borrowed a concept from former House Speaker Newt Gingrich (R-Ga.) as their organizing principle.
The campaign, led by Van Jones, President of Rebuild the Dream; Justin Ruben, Executive Director of MoveOn.org; and Rep. Jan Schakowsky (D-Ill.), among others, is debuting a new Contract for the American Dream. They describe it as "a progressive economic vision crafted by 125,000 Americans … to get the economy back on track." Its debut will involve a nationwide day of action, as well as an ad in The New York Times to run sometime this week, organizers said.
The basic premise of the campaign is that America isn't broke, it's merely imbalanced. ...
I'm in no particular hurry to defend New Gingrich, but don't be fooled by the attempt to connect Gingrich's 1994 'Contract with America' and the current progressives' plan. The two campaigns are similar in name only - back in the day, Newt offered a specific path for some government shrinkage, and Van Jones' approach is little more than a "liberal pipe dream," as HuffPo rightly says. But as for "Washington's current obsession with austerity"? ...Wait, seriously?