Commonwealth Club members were invited by email to participate in a free, members-only teleconference this morning from 9-10 am Pacific time. You can submit your questions for the speakers by using the comment section for this blog post. Our moderator, Commonwealth Club President & CEO Dr. Gloria C. Duffy, will select as many questions as she has time to ask the speakers.
Tax the wealthy? Cut public pensions? Create infrastructure projects and jobs? Raise or lower the debt ceiling? Cut defense spending? Stimulate tech and green sector innovation? How to bring the U.S. economy back to a higher and stable growth path continues to bedevil economists, business leaders and policymakers. The unpredictability of the economy makes business and personal decisions difficult. Hire or not? Retire or not? Invest or not?
Last week the New America Foundation released a White Paper on the U.S. economy, "The Way Forward: Moving From the Post-Bubble, Post-Bust Economy to Renewed Growth and Competitiveness," authored by Daniel Alpert (managing partner with Westwood Capital in New York), Robert Hockett (a professor of law at Cornell University in Ithaca, NY) and Nouriel Roubini (an economist at Princeton University). The paper evaluates the steps taken so far to stimulate the U.S. economy, and it recommends three specific strategies for addressing the continuing economic challenges. Their recommendations have already stimulated discussion in The New York Times.
Does "The Way Forward" as presented by the White Paper make sense, and if so, how can it be implemented? We look forward to in-depth discussion and your questions for Daniel Alpert and Robert Hockett on "The Way Forward."