A New Way of Looking At the Bailout

Reader Contribution by Aly Van Dyke
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While the Senate wrestles to construct some kind of utilitarian financial bailout, economists and political activists have moved out of the Wall Street box – and into the green house.

With one-seventh the money it looks like it will take to bail out the economy (so $100 billion), an investment in green power would produce nearly twice the amount of jobs as the mortgage bailout would.

These figures come from a study by two economists at the University of Massachusetts, Robert Pollin and Heidi Garrett-Peltier.

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