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biotech-file.jpgWe’re nearly three years into the recession and our economy still shows few signs of life. The Department of Labor announced that the country shed 131,000 jobs in July. Unemployment now stands at 9.5 percent.

Democrats and Republicans agree that something must be done — soon — to stem the loss of jobs. Neither side, though, has offered a creative or comprehensive jobs strategy to turn the economy around. There is one strategy that could create jobs and generate support from both sides of the aisle: biotech innovation.

“Over the long run, few issues are as important to a nation’s long-term economic security and global standing as being a leader in moving life sciences forward,” says Lawrence Summers, director of the White House’s National Economic Council.

To read the full, original article click on this link: A jobs strategy both parties could agree on: Biotech innovation | NJ.com

Author: Douglas E. Schoen