The modest recovery in the US economy since 2009 has been marked by tepid job creation – a trend that needs to change if the nation is to return to the kind of low unemployment rates that prevailed before the recession. But how to do that? In one of the most detailed efforts the address that question, the McKinsey Global Institute put out a set of recommendations on how to create 21 million new jobs by 2020, bringing unemployment down to 5 percent. Here's a look at the institute's core proposals:
Top strategy for stimulating the economy is to cut the tax rate for businesses, says AT&T chief Randall Stephenson, who joined Business Roundtable president John Engler at a recent Monitor Breakfast. An invigorated economy would help narrow the rich-poor gap, he adds.
The Business Roundtable's recommendations to the EPA underscore the need to take action to protect the environment while not harming American jobs and consumers, Tracey writes.
The Keystone XL pipeline gains new endorsements as environmental opposition grows. Putting ecological implications aside for a moment, is the Keystone XL pipeline, and the tar sands production that goes with it, a good financial investment?