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Past Event

A Presidential Transition (2008-09) Event

Memo to the President: Decrease Poverty and Increase Opportunity

U.S. Poverty, U.S. Economy, Economic Mobility

Event Summary

The recession, the mortgage crisis and the volatility in the financial markets have placed enormous stress on working families, while at the same time making it more difficult to find the necessary support for programs that will make work pay, reduce poverty and increase opportunity for every American.

Event Information

When

Monday, November 24, 2008
2:00 PM to 3:30 PM

Where

Falk Auditorium
The Brookings Institution
1775 Massachusetts Ave., NW
Washington, DC
Map

Event Materials

Contact: Brookings Office of Communications

Email: events@brookings.edu

Phone: 202.797.6105

On November 24, Brookings senior fellow Rebecca Blank offered policy solutions and priorities for the president-elect to make greater investments in economic opportunity, and increase future economic mobility for today’s poor children. She addressed diverse strategies that include expanded preschool education, greater support for post-secondary schooling, greater support for two-parent families, expanded assistance to low-wage workers, and propose the establishment of an effective measure of poverty to better understand the nature of the problem and to measure future progress.

The memo is the third of 12 Brookings memos on the most crucial public policy priorities facing the new president.


Transcript

REBECCA BLANK:  In 2007, the last year for which we have data, one in eight Americans were poor. Almost surely over the next year or two, that number is going to go up, given where we are in terms of economic recession. As you all know, poverty was not at the center of the presidential debate, but it was there around the edges, that there was regular references to it particularly by the democratic candidates. President-Elect Obama has had a very complete antipoverty strategy on his website since very, very early on in his candidacy, and I think the real key question here is, how much time and energy is this administration going to have to devote to building an antipoverty strategy in the White House? And how do they prioritize across far too many good things to do? And that's essentially what my memo tries to get at.

I suggest that there are three main goals that the administration ought to take on with regard to poverty:

One is incentivizing and supporting low-wage work. The second is ensuring an effective safety net, a more effective safety net than we have today. That's going to be increasingly important as this recession deepens.  And the third is creating opportunity in high-risk neighborhoods.

Participants

Moderator

Jason De Parle

Senior Writer, The New York Times

Featured Panelists

Rebecca M. Blank

Senior Fellow, Economic Studies

Ron Haskins

Senior Fellow, Economic Studies

Angela Glover Blackwell

Founder and CEO, PolicyLink


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