Jeff Sachs Presents A Menu For An Economy With Chronic Problems

Jeff Sachs argues that the global economy presents problems are not easily dealt with by short term stimulus programs.  He proposes a number of longer term projects that are required to deal with the structural problems that he sees in the economy.  Government will have to take a more active role to address the problems that he describes.  That means more government spending rather than less government spending.  Cutting taxes, which is the panacea advocated for every problem by Republicans,  only limits the ability of government to take a more active role in the economy.  That is one of the reasons why he has been critical of the administration for making most of the Bush tax cuts permanent.