Economic Growth Program

Samuel Sherraden from New America Foundation on why the government's $60 billion stimulus for green job creation hasn't worked. Original clip

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Despite overwhelming evidence to the contrary, so-called birthers claim Barack Obama can't be President. They dispute proof that he was born in the United States. It's a constitutional requirement, but why? Why shouldn't an immigrant be eligible to lead the nation?

After the release of a miserable June jobs report, President Obama stood with a group of green company CEOs and told reporters that "men and women like these will help lead us out of this recession and into a better future."

But if the White House puts too many eggs in the green recovery basket, we may all be disappointed. The green sector is simply not large enough or competitive enough to be a major engine of job creation.

The presidential election of 2009 is the first in American history in which questions about the citizenship of both major party candidates were raised. Article II of the Constitution says that "No person except a natural-born citizen ... shall be eligible to the office of president." During the campaign, some argued that this disqualified John McCain, because he was born in the Panama Canal Zone where his father, a naval officer, was stationed. Also during the campaign, some conservatives raised questions about whether Obama was born on… more

In the aftermath of the bubble economy, America needs to shift resources from the debt-inflated finance and housing sectors to the productive economy.  As part of this long-term strategy, how do we revitalize manufacturing? Join the editor and several contributors to a new study, Manufacturing a Better Future for America, published by the Alliance for American Manufacturing, to discuss ways to rebuild the foundation of the American economy by means of innovation, industrial policies and trade reform.  more

Leo Hindery, chairman of the Smart Globalization Initiative at the New America Foundation, says factory jobs nowaccount for less than 12 percent of the ...

From Mr Samuel Sherraden: "Sir, Richard Bernstein (“America is for now still blowing bubbles”, July 21) is correct that the US economy looks like a California roll: fundamentally Japanese but with American characteristics. But the answer to this bubble dependency is not to choose austerity. A better policy response would make the transition away from the Japanese-American “California roll” economy to the old-fashioned, productive, investment-based US casserole economy...

"All of the parts could be done separately," says Michael Lind, policy director of the economic growth program at the New America Foundation. Original article

Does America have a flawed pattern of growth? For over two decades, growth has depended on asset bubbles and rising indebtedness.  Business cycle recoveries have been marked by jobless recoveries and stagnant wages for most Americans.