Slate says automatic stabilizers are boring, and then follows up with a long article on how great they would be. They would have kicked in for both the 2008 recession and the current one, without the months of arguing and lost time.

Things like unemployment insurance are obvious, but I like to think about opportunities for making investments we know we need to make anyway. Like infrastructure investments, capital investments, research and development, childcare and education and training. All of these create jobs now while providing payoffs in the future. When the private sector falters, the public sector kicks into a higher gear and carries the ball for awhile. Then the private sector recovers and debts can be paid back, or a surplus can even be built up. But once again, it’s too late to do it right this time around. It’s time to start planning for the next time around.