Bill Clinton's new book will tell us how to fix the US economy

Former president Bill Clinton's new book "Back to Work," scheduled for November release, will outline his plan to get the US economy back on track.

Kristin Callahan/Newscom
Former president Bill Clinton and President Obama at the Clinton Global Initiative in New York. Clinton will be touring to promote his book this fall – even as Obama is campaigning for the presidency.

Former president Bill Clinton created a publishing phenomenon when his 2004 memoir “My Life” sold more than 2.4 million copies in hardcover.

And now he’s announced he’ll be releasing a new book in November, titled “Back to Work,” outlining his plan for fixing the US economy. Clinton said in a statement that he was motivated to write the book because of his concern for America’s current economic status.

“I wrote this book because I love my country and I’m concerned about our future,” Mr. Clinton is reported to have said in a statement. “As I often said when I first ran for president in 1992, America at its core is an idea – the idea that no matter who you are or where you’re from, if you work hard and play by the rules, you’ll have the freedom and opportunity to pursue your own dreams and leave your kids a country where they can chase theirs.”

Clinton made the economy a major issue when he ran successfully for president in 1992, with his campaign coining the famous slogan “It’s the economy, stupid.”

The former president has expressed his ideas on how to fix the economy before now, including suggesting a focus on the problem of mortgage debt. “Back to Work” will outline the former president’s plans for repairing the economy, including increasing lending from banks and corporate investment, creating new businesses such as those that work on green technology, and increasing exports, says his publisher.

This will be Clinton’s third book since he left office in 2001. He wrote “Back to Work” over the last several months without help from a co-writer, according to the New York Times article. The former president also recently held the Clinton Global Initiative, which finished its seventh session in New York yesterday. Discussions at the summit between heads of state, business leaders and others included a focus on sustainable consumption and job creation.

“Back to Work” will be published by Knopf. Clinton will tour to promote the book this fall, even as the 2012 presidential campaign will be in full swing.

Molly Driscoll is a Monitor correspondent.

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