In 1993, President Clinton created the President's Council on Sustainable Development (PCSD) to advise the administration on sustainable development and to devise "bold, new approaches to achieve various economic, environmental, and equity goals".
The purposes of this advisory committee included educating communities about sustainable development; bringing together industry, environmental groups, and administrative agencies to form consensus on policy; and implementing programs that promote sustainable development.
16 years later......
The summit, announced by Obama for a yet-to-be-determined date in December, is designed to bring together economic specialists from big and small business, labor, academia, nonprofit groups, and government. The unemployment rate climbed to 10.2 percent in October, up from 9.8 percent in September and the highest in more than two decades, and it appears to be undermining faith in the president's economic policies, according the public-opinion polls.
My point. See the connection? President Clinton had a great idea. It took 10 months but finally the administration has decided to listen to the markets and have a job's summit meeting. This is very good news!
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George Dagnino, PhD
Editor, since 1977
Ranked in the Top 10 for 12, 6, and 3 months for market timing by Timer Digest
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