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The Road to Economic Recovery: Potholed, or Paved in Green?


Thursday, September 25th, 2008




The market meltdown is spurring an urgent response from Congress, with both houses debating and revising versions of the Troubled Asset Relief Program (TARP) bill on an hourly basis. The bill revises the President’s proposed bailout of financial institutions, which some call “Cash for Trash.” CWR co-hosts Francesca Rheannon and Bill Baue interview US Representative (D-MA) Barney Frank, chair of the House Financial Services Committee that is now ushering the Troubled Asset Relief Program bill, or TARP, through Congress. While many question whether this bailout is the best path out of the market meltdown, others are proposing a road to recovery paved in green. Bob Pollin of the Political Economy Research Institute co-authored a report on the Green Recovery that was released last week with the Center for American Progress. Francesca and Bill interviewed him here at the University of Massachusetts in Amherst the day after he testified before the House Select Committee on Energy Independence and Global Warming at a hearing entitled “The Green Road to Economic Recovery.”

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AUTHOR
Kristin Vorbohle (editor)

Kristin Vorbohle, MA, is senior manager and editor at CSR NEWS. She is project manager at the "Institut Unternehmensführung".

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