Recipe For The Economy - Jobs, Jobs, Jobs!

Bill Clinton’s group offers recipe for economy
By Andrew Stern, June 29, 2011, Reuters
If banks loaned out their $2 trillion cash hoard, if worker training programs were stepped up and if 3 million job openings were filled, the economic recovery would be far stronger, a panel assembled by former President Bill Clinton said on Wednesday.
Clinton opened the meeting of his six-year-old Clinton Global Initiative with a discussion entitled “Jobs, Jobs, Jobs,” that the organization for the first time is focused squarely on the United States.
“The banks in America have well over $2 trillion in cash not committed to loans. Now, there’s nowhere near $2 trillion in loan demand out there but there’s some that is unsatisfied,” Clinton told the gathering of 750 leaders of business, government and nonprofit organizations.
Clinton opened the two-day conference by announcing several “commitments” by business and labor groups aimed at financing new jobs.