3.areas: infra, wkforce.dev, R+D

Last week, Laura Tyson said how:

“significant public investments in three areas that help countries create and retain high-wage jobs — infrastructure, the skills and training of the work force, and research and development. The federal government is underinvesting in all three areas; together they account for less than 10 percent of all federal spending. At the same time, the rate on 10-year Treasuries is at a historic low.”