Bill Clinton's Best Ideas To Get People Back To Work

Former President Bill Clinton is turning his sights on the stagnant U.S. Economy

Photo: AP Photo/Jacquelyn Martin

Former-President Bill Clinton graces the cover of this week’s Newsweek, presenting his 14 ideas for improving the U.S. Economy. Clinton writes the economy needs more ideas that leave people thinking: “Wow, I wish I’d thought of that.”Some of Clinton’s ideas aren’t particularly novel — speed up approvals for new infrastructure projects, and increase investments in the green jobs sector, to name two. But they’re practical, affordable and can be implemented without too much political fuss. 

BILL CLINTON’S BEST IDEAS TO GET AMERICA BACK TO WORK >>>

 

1. SPEED THE APPROVALS

Clinton argues the federal government should grant waivers to allow states to pursue infrastructure projects held up waiting for regulatory approval -- except 'when there are real environmental concerns.'

2. CASH FOR STARTUPS

Clinton calls for the return of the cash-for-startups program, which allowed companies to convert tax credits for hiring new employees to cash. The program was ended by Congress at the end of last year.

4. COPY THE EMPIRE STATE BUILDING

Clinton highlights a recent retro-fit at the Empire State Building that not only created jobs, but also left the building more energy efficient. The $550 project saw the replacement of the building's chiller plant, a window replacement with more efficient windows, and the installation of faster and more efficient elevators.

5. GET THE UTILITIES IN ON THE ACTION

'You get 7,000 jobs for every billion dollars in retrofitting,' Clinton says, advocating for utility companies to allow consumers to finance energy-efficiency projects through utility savings. A program in Arkansas allows companies to retrofit their own buildings, then help their employees make their homes more efficient -- all with utility savings.

8. PAINT 'EM WHITE

Clinton wants to paint every black tar roof in the country white, which he says can lower electricity usage by 20% on a hot day. By reducing the amount of heat absorbed by flat roofs, Clinton says apartment building utility bills can drop 10-20%.

10. TRAIN ON THE JOB

Contending that many job vacancies go unfilled because applicants do not possess the skills required, Clinton advocates for allowing employees to train on the job -- on the state government's dime. He says this would reduce the time between when jobs are advertised and when they are filled.

12. CUT CORPORATE TAXES

Clinton endorsed the Bowles-Simpson plan to cut corporate taxes -- while eliminating loopholes. 'Lower the rates to be competitive, but reduce the loopholes that cause unfair disparities,' he writes.

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