News

The Portal Bridge, a key link on the Northeast rail corridor.

Updated National Infrastructure Bank Slideshow Now Available

Nov. 15, 2018–The slide show delivered by macro-economist Alphecca Muttardy on Nov. 13 in Washington,D.C. is now available here as a PDF. Although many of the slides are self-explanatory, you may find it useful to review them alongside our news report, which is available here. As the weekly disruptions of […]

by November 15, 2018 Infrastructure, News
The opening slide of the National Infrastructure Bank slide show.

D.C. Meeting Discusses National Infrastructure Bank

By Nancy Spannaus Nov. 14, 2018—A group of approximately 25 citizen-leaders gathered in a Washington, D.C. library last night to discuss how to address the question of the nation’s collapsing infrastructure. The lively, almost-unstoppable discussion centered around a slide show presentation on a National Infrastructure Bank (NIB)  proposal, given by […]

by November 14, 2018 News
Total Factor Productivity by Decade. The collapse has not been reversed.

Productivity Is in the Basement: We Need a Real Recovery!

By Nancy Spannaus Nov. 11, 2018—In its quarterly release Nov. 1, the U.S. Bureau of Labor Statistics (BLS) threw a wet blanket on those who have been claiming that this year’s job growth has led to a qualitative improvement in the U.S. economy. The BLS stated that productivity growth between […]

by November 11, 2018 Infrastructure, News
An anti-austerity demonstration in Italy in 2012.

Italian Government Prompts Showdown over EU Austerity Demands

By Andrew Spannaus Nov. 8, 2018–The Italian government of Giuseppe Conte, whose EU-critical policies are driven by the leaders of the two coalition partners, and Deputy Prime Ministers, Luigi Di Maio of the Five Star Movement (M5S) and Matteo Salvini of the League, has decided to openly challenge EU budget […]

by November 9, 2018 Commentary, News
Rep. DeFazio in his campaign photo.

A New Opportunity for a National Infrastructure Agenda?

By Nancy Spannaus Nov. 7, 2018—One thing is definitive about the results of the U.S. mid-term elections: Neither political party put a solution to the country’s economic and financial disaster on the national agenda.  That doesn’t mean that many of the new Democratic members of Congress don’t have a strong […]

by November 8, 2018 Infrastructure, News
New York Stock exchange

The Fed Stokes “Bancomania”

by Nancy Spannaus Nov. 1, 2018—It should be no surprise that at its Oct. 31 (Halloween) meeting, the Federal Reserve decided to loosen regulations not only for the banks with a $250 billion net worth, but also for those with assets up to the $700 billion level. This decision reflects […]

by November 1, 2018 News
Fed Chairman Jerome Powell at his swearing-in (federalreserve.gov)

Will the Fed Deregulate Us Into a New Major Crisis?

October 30, 2018—Tomorrow, according to an Oct. 29 report in the American Banker, the Federal Reserve Board of Governors is expected to take up the matter of implementing S. 2155, the major banking deregulation bill that was passed in the spring of this year. “Specifically, the Fed will unveil details […]

by October 30, 2018 News
High-tech manufacturing in action. (DOD report)

DOD Manufacturing Report: American System Needed!

By Nancy Spannaus Oct. 17, 2018—After more than one year of study, a Defense Department task force set up by President Trump released a 139-page report  on Oct. 5 entitled “Assessing and Strengthening the Manufacturing and Defense Industrial Base and Supply Chain Resiliency of the United States.” Not surprisingly, it […]

by October 17, 2018 Commentary, News
This Hudson River Tunnel is more than 100 years old.

New York-New Jersey Leaders: Gateway Must Be Built!

by Nancy Spannaus Oct. 9, 2018—On September 4, dozens of elected officials, and leaders from the labor and business community in New Jersey held a press conference in Secaucus to demand that action be taken now to unblock federal funding for the Gateway Project that would replace the antiquated bridge […]

by October 9, 2018 Commentary, News
Video Available: Economic Experts Discuss Putting Wall Street Back in Its Box

Video Available: Economic Experts Discuss Putting Wall Street Back in Its Box

  Click here to watch video of the event held Wednesday, September 26, 2018 at the National Press Club,  in Washington, DC.

by September 30, 2018 Glass-Steagall, News