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Entries in Clinton Global Initiative (1)

Wednesday
Jun292011

Bill Clinton Focuses on Job Creation at CGI Conference

Frank Polich/Getty Images(CHICAGO) -- Former President Bill Clinton is hosting a conference in Chicago this week and has laid out a blueprint to boost jobs, with assertions a former Treasury official and economist have called "overstated" and "preposterous."

Clinton's 14 proposals, published in this week's Newsweek, focus on boosting jobs in the energy sector, job training and making the United States more competitive in the global economy.

During the first plenary session Wednesday, President Clinton introduced an initiative from Visa and Kiva, a San Francisco-based online microlending firm, to support loans to small businesses in the nation's struggling cities. Kiva Detroit launched Wednesday as the first Kiva City.

Clinton's proposals also include a few tax breaks for employers, just as President Obama slammed Republicans Wednesday for refusing to accept tax hikes, even for the wealthiest Americans, while trying to reduce the deficit.

In 2005, President Clinton started the Clinton Global Initiative (CGI), which invites heads of state and other global leaders to address the "world's most pressing challenges."

The two-day Clinton Global Initiative America in Chicago, focused on job creation and economic growth, will include Treasury Secretary Timothy Geithner, Indiana Gov. Mitch Daniels, Dow Corning Chairman Stephanie Burns and Zappos.com CEO Tony Hsieh, among others.

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