A large-scale public-investment program would stimulate employment in the short term, and growth in the long term, leading in the end to a lower national debt. But financial markets demonstrated their shortsightedness in the years preceding the crisis, and are doing so once again, by applying pressure for spending cuts, even if that implies reducing badly needed public investments.
随着将贷款利率降低到历史最低水平，以及在十年的迷失之后重拾对公共投资的高回报承诺，美国终于知道了自己应当如何做为。一个大规模的公共投资计划应能在短期内刺激就业，并推动长期增长，最终减低国家债务水平。但金融市场不但在危机袭来的前几年暴露了自己的短视，如今又再次重蹈覆辙，逼迫政府削减支出，而这则意味着急需的公共投资将大幅减少。