Restoring greater flexibility to our labor markets and making our workforce globally competitive in terms of skills and preparation. Addressing the huge problems in the housing market with an eye on a recovery and growth instead of just stabilization. Creation of a more robust, diverse and stable banking system. Address the fiscal cliff immediately.

Mohamed El-Erian, CEO and Co-Chief Investment Officer of the Pacific Investment Management Company or PIMCO, which oversees over $1.8 trillion in fixed income investments, has some advice for the President. El-Erian, a well-respected investor and analyst, has published an open letter to the President offering a four-point plan to turn the economy around. The plan recommends:Learn more at CNNMoney

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