(a) FindingsThe Congress finds that—
(1) efforts to reverse the decline of United States industry has been hindered by—
(A) a serious erosion in the institutions and policies which foster United States competitiveness including a lack of high quality domestic and international economic and scientific data needed to—
(B) the lack of a coherent and consistent government competitiveness policy, including policies with respect to—
the United States economy benefits when business, labor, government, academia, and public interest groups work together cooperatively;
the world is moving rapidly toward the creation of an integrated and interdependent economy, a world economy in which the policies of one nation have a major impact on other nations;
integrated solutions to such issues as trade and investment research, science, and technology, education, and labor retraining and adjustments help the United States compete more effectively in the world economy; and
government, business, labor, academia, and public interest groups shall cooperate to develop and coordinate long-range strategies to help assure the international competitiveness of the United States economy.
(b) PurposeIt is the purpose of this chapter—
to develop recommendations for long-range strategies for promoting the international competitiveness of the United States industries; and
(2) to establish the Competitiveness Policy Council which shall—
analyze information regarding the competitiveness of United States industries and business and trade policy;
(B) create an institutional forum where national leaders with experience and background in business, labor, government, academia, and public interest activities shall—
identify economic problems inhibiting the competitiveness of United States agriculture, business, and industry;
make recommendations on issues crucial to the development of coordinated competitiveness strategies;
publish analysis in the form of periodic reports and recommendations concerning the United States business and trade policy.