Here's a little something from Prof. Krugman to think about: (please follow link to original)
Opposition to Infrastructure Spending: The Origins
I’m currently reading Daniel Walker Howe’s What Hath God Wrought, and there’s an interesting discussion of the debate over “internal improvements.” Some southerners were opposed, for an interesting reason. Here’s Nathaniel Macon of North Carolina, in 1818:
If Congress can make canals, they can with more propriety emancipate.
I leave the elucidation of any parallels or lack thereof to modern politics as an exercise for readers.
Tuesday: Case-Shiller House Prices, New Home Sales, FOMC Minutes and More
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[image: Mortgage Rates] From Matthew Graham at Mortgage News Daily: Mortgage
Rates Near Lowest Levels in a Month
Last Monday, mortgage rates were near the ...
12 hours ago
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