Comrade Robert Kuttner: ' We also need to invest in 21st century infrastructure -- everything from high-speed rail to smart grid electricity systems to serious investment in green transition and mitigation of sea-level rise.'

Comrade Robert Kuttner wants even bigger government:

We also need to invest in 21st century infrastructure -- everything from high-speed rail to smart grid electricity systems to serious investment in green transition and mitigation of sea-level rise.

Half a trillion dollars a year over ten years would be the right scale. That would improve the economy's productivity, create good domestic goods, and produce a sustained recovery. But it's wrong to think of serious public investment merely as counter-cyclical fiscal policy -- we need it for its own sake.

Comrade Kuttner has forgotten that the train industry has gone down hill since the Panic of 1893, here in America. No word yet on when Comrade Kuttner thinks Amtrak will turn a profit.