“If you wanted to create jobs in a way that has minimal effect on the deficit but has government action, the two best things you could do are the infrastructure bank and a simple SBA-like loan guarantee for all building retrofits, where the contractor or the energy-service company guarantees the savings. So that allows the bank to loan money to let a school or a college or a hospital or a museum or a commercial building unencumbered by debt to loan it on terms that are longer, so you can pay it back only from your utility savings. You could create a million jobs doing that.”
Quote by William J. Clinton
Author
William J. Clinton
William Jefferson Clinton, the 42nd President of the United States, was born on August 19, 1946. His presidency was marked by economic prosperity and a series of achievements in domestic and foreign policy. Despite controversies, including a sex scandal and impeachment, Clinton's economic legacy and foreign policy initiatives continue to be widely discussed and studied. more