Executive Council Statement
Economic Recovery: Take Two
… challenge of fixing this economic mess is enormous – and urgent. Creating good jobs that cannot be outsourced is central to the solution. Despite much-touted “green shoots,” the prognosis for the U.S. economy keeps getting worse. The official … or unemployed in June -- more than 25 million workers. Almost 30 percent of unemployed workers have been out of work more than six months, and more than 600,000 will exhaust their unemployment benefits by September if nothing is done. … crisis. At this critical juncture, the consequences of the government failing to act on a sufficient scale and in the right way could be catastrophic. The American Recovery and Reinvestment Act (ARRA) was a bold and well-crafted program to …