A just and sustainable economic response to coronavirus, explained
Big, lasting, and better: Principles for a good economic response
2. Make it enduring.
There’s an ambitious new green stimulus proposal making the rounds, gathering signatures, that suggests a permanent green stimulus, to be spent primarily on the clean energy transition and environmental justice programs. It would begin at $2 trillion and then be automatically renewed each year at a level of 4 percent of GDP (about $850 billion) “until the economy is fully decarbonized and the unemployment rate is below 3.5%.”