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Liberal Groups Counter GOP's Economic Agenda With New Plan Liberal Groups Counter GOP's Economic Agenda With New Plan

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Liberal Groups Counter GOP's Economic Agenda With New Plan

A coalition of liberal groups will be out with a new economic message this morning, designed to counter the conservative "Path to Prosperity" plan.

The AFL-CIO, Center for Community Change, Economic Policy Institute, Leadership Conference on Civil and Human Rights, National Council of La Raza and SEIU are all behind the message, which will be outlined in the "Prosperity Economics" plan to be released later this morning.

The report counters the notion that tax cuts for the rich promote entrepreneurship, and that budget cuts and painful austerity measures are needed to spur job growth. 

Yale professors Jacob Hacker and Nate Loewentheil wrote the report, which claims that major public investment in areas like infrastructure is needed to jump-start the economy. The report also calls for college opportunity for all, collective bargaining and Social Security reforms. There's also a bit about stricter lobbying rules, too.

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