The labor-affiliated Economic Policy Institute adds one more weapon to the stimulus arsenal that the Brookings approach ignored: increased public spending on investment. See article here.
When I attended the Hamilton Project program, Rubin wanted to keep public investment off the table because it risks sparking an ideological fight over private vs. public investment. Rubin wants to focus on boosting consumption and leaving investment until later. Overall, Ideal Candidate favors including public investment as a way of baiting Gerlach to oppose building roads, bridges and schools, but can see why Rubin wants to build the biggest tent in favor of a stimulus package based on the three "ts": timely, targeted and temporary.
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