Thursday, November 15, 2012

Brookings Institution: Bruce Katz & Mark Muro: 'Brookings Podcast: Remaking Federalism and Renewing the Economy'


Source:Brooking Institution- Mark Muro.

"In this post-election season and with a fiscal cliff looming, states and metros have begun the work of meeting their many challenges. They're implementing game-changing initiatives to create jobs and restructure their economies for the long haul. The federal government needs to take notice and get on board, note Metropolitan Program policy experts Bruce Katz and Mark Muro as they urge a move for remaking our federalism and renewing the economy. Katz and Muro explain in this episode of @ Brookings.

Read their paper at:Brookings." 


Just to start off with: it's a great to hear a center-left institution like Brookings or any other center-left institution, making the case and arguing in favor of federalism. 

Progressives (who are center-left) always get stereotyped as big government, national government, do-gooder, know-it-alls, who think that there's a national government solution for everything in America. And that if anything, there's too much power with the states and localities, and even individuals, and that we need a bigger, more centralized government in this country. And for good reason, because people who call themselves Progressives (who are actually closeted Socialists or Social Democrats) are always arguing in favor of a bigger Federal Government, more Federal taxation, more Federal spending, more Federal regulations and prohibitions. 

But what Brice Katz and Mark Muro from Brookings are arguing here, is that there are real economic and fiscal challenges that America faces and the Federal Government can't simply solve all these problems itself, especially being buried in debt and deficits that it currently is. That we need to look at what the states and localities are doing, be more creative in how we try to deal with these economic issues. And if anything, get more power out of Washington and down to the states and localities.

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