If increasing income equality is the goal, it might be wiser to put money into infrastructure than to subsidize manufacturing. Construction also pays good wages, but with lower educational requirements. And America's infrastructure needs are enormous.

In this quote, Christina Romer, an American economist, suggests that if the goal is to increase income equality, a more effective strategy might be to invest in infrastructure rather than subsidizing manufacturing. Romer argues that investing in infrastructure projects, which include building and maintaining roads, bridges, and other public works, can create jobs that provide good wages without requiring extensive education or specialized skills. This approach, according to Romer, could have a more direct impact on reducing economic inequality, as it would provide well-paying jobs to a wider range of people, especially those with lower levels of formal education.

Romer’s proposal also highlights the enormous needs within America's infrastructure, which has been deteriorating for years. By prioritizing infrastructure, the government could address these pressing needs while simultaneously promoting economic growth and job creation. She contrasts this with the idea of subsidizing manufacturing, suggesting that while manufacturing jobs can also provide decent wages, they often require more specialized skills or education, which may not be accessible to everyone in the labor force.

The quote underscores Romer's belief that policies designed to reduce income inequality should be aimed at broad, inclusive economic solutions. Infrastructure projects, which are often labor-intensive, can provide opportunities for individuals across various educational backgrounds to find work. Romer advocates for a shift in focus toward programs that create a stronger economy by improving public goods and services, rather than targeting specific industries or sectors that may not benefit as many people.

Christina Romer is known for her work as an economist, particularly her tenure as the chair of the Council of Economic Advisers under President Obama. Her views often align with progressive economic policies aimed at addressing economic inequality and fostering long-term growth. This quote reflects her belief in the power of targeted government spending, particularly in areas like infrastructure, to stimulate the economy and improve social outcomes for a broad cross-section of the population.