"Today, high school graduates’ first jobs pay less than they did in 1973. We are looking back on three decades with fewer and fewer jobs offering health-care or retirement benefits, with people working longer hours and taking on more debt. College costs take a higher proportion of income, even as it becomes harder for the non-college-educated to get their kids to college and social mobility declines. The working-class family is collapsing and only the college-educated are seeing real gains in life expectancy… .The actual solution to our economic situation is straightforward: increased government spending, well in excess of what the 2009 Recovery Act contemplated and what a tea party-dominated Congress would not allow. If you build something, the private sector builds it. If you build the bomb, the government doesn’t build the bomb. The bomb company builds the bomb… . The problem with our economy today is not that we don’t have enough supply, It’s that we don’t have enough demand."
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James Carville
With the United States needing infrastructure investment, Carville said it was the perfect time for the government to spend the money to make the improvements and put people back to work. Those jobs, he argued, would put money in the hands of people who would spend it.
