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"America has two great dominant strands of political thought - conservatism, which, at its very best, draws lines that should not be crossed; and progressivism, which, at its very best, breaks down barriers that should never have been erected." -- Bill Clinton, Dedication of the Clinton Presidential Library, November 2004

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Monday, October 20, 2003

 

more details on the Job Creation Plan http://abcnews.go.com/wire/Politics/ap20031016_2111.html

posted by Aziz P. at Monday, October 20, 2003 permalink View blog reactions
Dean's proposal for a $100 billion fund for the states to help spur job creation got fleshed out a bit more last week. From the AP:

Democratic presidential candidate Howard Dean on Thursday called for the creation of a $100 billion fund to assist states and local governments in creating jobs and offered a plan to close tax loopholes.
Dean used an appearance at Georgetown University to deliver an economic speech that tied together elements of economic proposals he has made on the campaign. The job creation fund and the goal of closing down $100 billion of tax loopholes were among the new proposals.
...
Dean promised his job creation fund would add at least a million jobs, focused on health care, education and homeland security. He said that after repealing the Bush tax cuts, he plans to simplify the tax code and shift more of the tax burden to corporations from individual taxpayers.

A small business fund "will be modeled after the housing finance system that has helped make housing affordable for millions of middle-class Americans," Dean said.


Note that this is just one piece of the broader economic plan unveiled by Dean, which also includes a focus on encouraging small business via a $1B capital creation fund. Is this good politics? or good economics? If anyone has links to debate about the merits of Dean's plan by econo-bloggers especially, please share.


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About Nation-Building

Nation-Building was founded by Aziz Poonawalla in August 2002 under the name Dean Nation. Dean Nation was the very first weblog devoted to a presidential candidate, Howard Dean, and became the vanguard of the Dean netroot phenomenon, raising over $40,000 for the Dean campaign, pioneering the use of Meetup, and enjoying the attention of the campaign itself, with Joe Trippi a regular reader (and sometime commentor). Howard Dean himself even left a comment once. Dean Nation was a group weblog effort and counts among its alumni many of the progressive blogsphere's leading talent including Jerome Armstrong, Matthew Yglesias, and Ezra Klein. After the election in 2004, the blog refocused onto the theme of "purple politics", formally changing its name to Nation-Building in June 2006. The primary focus of the blog is on articulating purple-state policy at home and pragmatic liberal interventionism abroad.