19 Million Jobs for U.S. Workers
Starting with the financial collapse and Great Recession of 2008-09, the U.S. economy has been experiencing the most severe and protracted
employment crisis since the 1930s Depression. As the employment crisis has proceeded, U.S. commercial banks and large nonfinancia corporations have been building up huge hoards of cash and other liquid assets.
This study examines the impact on job creation of mobilizing these excess liquid assets into productive investments within the U.S. economy
over the next three years.
About the Author
Bob Pollin
Professor, University of Massachusetts Amherst
Robert Pollin is the Director of the Political Economy Research Institute, and Professor of Economics, at the University of Massachusetts, Amherst. His research centers on macroeconomics, conditions for low-wage workers in the U.S. and globally, the analysis of financial markets, and the economics of building a clean-energy economy in the U.S. He has been a ...
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