Tumblr Icon RSS Icon

CHART: Public Investment Has Plunged Since The Great Recession

By Pat Garofalo  

"CHART: Public Investment Has Plunged Since The Great Recession"

Share:

google plus icon

The yields on Treasury bills hit an all-time low over the summer, and have hovered at low rates since, meaning that investors are willing to lend the U.S. money for almost nothing. Considering that unemployment is still unacceptably high, the U.S. should be taking advantage of those low rates to put people back to work while fixing America’s crumbling infrastructure. But as Nobel Prize-winning economist Paul Krugman noted today, public investment has plunged since the Great Recession hit:

‹ Orange County Lawmakers Successfully Push Paid Sick Leave Initiative Off November Ballot

As New iPhone Hits The Market, Apple’s Chinese Manufacturer Accused Of Forced Student Labor ›

By clicking and submitting a comment I acknowledge the ThinkProgress Privacy Policy and agree to the ThinkProgress Terms of Use. I understand that my comments are also being governed by Facebook, Yahoo, AOL, or Hotmail’s Terms of Use and Privacy Policies as applicable, which can be found here.