(This begins a series of articles on public actions on the economy and focuses first on the concept of industrial planning and job creation.)
When Clackamas County Democratic Precinct Persons met last week to begin developing our county and state issue platform, one idea gaining surprising support was creation of publicly owned banks. This is not a new idea, but one whose time has come as we look to new ways for our community to thrive and prosper. And, no, it is not the same as credit unions, already a step in the right direction.
This notion is a good example of looking at old problems with a fresh perspective. In many ways, that is a good function of lay people with a broad interest in improving their own way of life but also the lives of those around them of all stripes and economic positions. Continue reading