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ERIC Number: ED539813
Record Type: Non-Journal
Publication Date: 2012-Mar
Pages: 58
Abstractor: ERIC
Reference Count: N/A
ISBN: N/A
ISSN: N/A
Taking Action for America: A CEO Plan for Jobs and Economic Growth
Business Roundtable
America faces many challenges in working together to restore the promise of economic growth and security for the country, U.S. families and the American worker. The challenges are both real and serious. Despite hopeful signs of economic recovery, America remains mired in the deepest jobs crisis since the 1930s. One out of every 12 Americans who are willing and able to work cannot find a job. Approximately 13 million Americans remain unemployed. Frustrated and discouraged, millions more have simply given up looking for work altogether. To be sure, the severe job losses experienced during the depths of the 2007-2009 recession have ended, and the unemployment rate fell from 9.4 percent in December 2010 to 8.5 percent in December 2011. But vigorous and sustained job creation has not returned at the level required to put America back to work, and the numbers of long-term unemployed remain at record levels. The CEOs of Business Roundtable (BRT) have a plan to revitalize U.S. economic growth and job creation. They believe that America's business leaders have an obligation to bring their real-world experience on economic matters to public policy, especially in a time of widespread joblessness and economic distress. Job creation depends on economic growth, which cannot occur unless businesses are free to innovate, invest and grow. "Taking Action for America" is a comprehensive plan to jump-start new business investment and knock down barriers to economic growth. It includes pragmatic, actionable recommendations organized into three broad categories: (1) American Global Leadership, which must be secured through: (a) sound fiscal policy; (b) smarter regulation; and (c) competitive taxation; (2) American Advantages, which depend on: (a) open markets for international trade and investment; (b) reliable, affordable energy; (c) protecting U.S. technology assets with effective cybersecurity; and (d) contributions of highly educated world talent; and (3) American Workers and Families, who deserve policies that promote: (a) a skilled, prepared workforce; (b) affordable, quality health care; and (c) stable policies that ensure retirement security. Individual sections contain endnotes.
Business Roundtable. 1717 Rhode Island Avenue NW Suite 800, Washington, DC 20036. Tel: 202-872-1260; e-mail: info@businessroundtable.org; Web site: http://www.businessroundtable.org
Publication Type: Reports - Descriptive
Education Level: Adult Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Business Roundtable
Identifiers - Location: United States