Former AT&T Broadband CEO Leo Hindery outlines in this seven minute Fox Business clip the severity of America’s jobs crisis and throws some ideas on to the table on what the country could do — particularly when it comes to US government procurement and US domestic investment incentives.
Particularly true in Hindery’s comment: “We have resuscitated but not reformed Wall Street.”
Leo Hindery also states that he believes that America won’t see any substantial job recovery until the latter part of 2011 under current policy conditions.
Hindery suggests that the US economy needs to figure out how to generate 22 million jobs — an order of magnitude greater than the targets the Obama administration has acknowledged.
— Steve Clemons