Schwab to Obama Add 6 million jobs!
Investment genius Charles Schwab offered up his own idea for a "stimulus package" at a Willie Brown Institute forum at the Westfield Centre the other night.
Someone asked him what advice he would give to President Obama.
He talked a little bit about the big picture of the economy, and then he said, "I'm going to give Mayor Brown an idea, and I hope he will convey it to Mr. Obama.
"There are 6 million businesses in this country. If you really want to be effective in the stimulus package, why not simply make it a goal to provide every one of those businesses the ability to hire one more employee?
"That would mean 6 million people with jobs, instantly.
"It won't cure the recession, but it would be a start."
Mr. President, if you're listening, there it is. And I agree with Willie here!