President Obama finally gave the jobs speech he should have given on day one of his presidency. Too bad Americans by now have thrown up their hands when it comes to Washington. Unemployment is above 9 percent, and even if all the measures Obama proposed passed—which they won’t—that wouldn’t fully solve our problems. So we went outside the Beltway and gave some innovators and business leaders a challenge: you fix it.
We get the irony—corporate chiefs arguably helped fuel the crisis in the first place. Now they’re flush with cash, sitting on a hoard of nearly $2 trillion, and CEO pay is soaring. Yet business leaders are as infuriated as the rest of us with the grid- lock—and if nothing else, they know how to get things done. They offered us a boatload of specific policy suggestions, many of which already have some bipartisan support, from tax re- form to more visas for skilled workers to investment in hiring.
We were surprised and, frankly, encouraged by some of their solutions. Washington, you need to read this.