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PERAB: First Official Memo

Summary: 
Following the first official quarterly meeting of the President’s Economic Recovery Advisory Board this morning, a memo was proposed to the Board by board member John Doerr for discussion.
Following the first official quarterly meeting of the President’s Economic Recovery Advisory Board this morning, the memo below was proposed to the Board by board member John Doerr for discussion:
The President at the PERAB meeting(President Barack Obama, flanked by Paul Volcker, left, and General Electric Chief Executive Officer Jeffrey Immelt, right, comments during the Economic Recovery Advisory Board meeting in the Roosevelt Room of the White House Wednesday, May 20, 2009. Official White House photo by Pete Souza.)