1938 - Keynes advised Pres. Roosevelt to prioritize working class housing because of the “large and continuing scale of potential demand; wide geographical distribution of this demand; and because the sources of its finance are largely independent of the stock exchanges”

Today, the clean technology sector (especially energy efficiency) has all of these characteristics

1) large-scale, decades-long, demand
2) wide geography
3) productive investment over speculation

We need the fight against climate change to direct investment and innovation in the way suburbanization and the cold war did in the 20th century.

If we plan for short-term “stimulus” and then remove it, we’ll just re-inflate speculative bubbles.