Apr 20

Past Event

From Recession to Recovery to Renewal

Event Materials

Video

Highlights

  • Middle Class Should Not Struggle Just to Stay in Place

    Joe Biden, Vice President of the United States: The middle class should not be forced to struggle to just stay in place; we must once again link productivity growth to middle class income.

  • Economic Growth Must Be Shared by Majority of Americans

    Sherrod Brown, U.S. Senate: Economic growth must be shared by the majority of our people. We have to see a growth in income for most of America, blue collar and white collar alike.

  • Economic Agenda for Growth

    Robert Rubin, Former U.S. Treasury Secretary: The Great Recession and unsustainable fiscal deficits have exacted a terrible toll; The Hamilton Project is outlining an economic agenda for growth that will require difficult decisions and hard trade off

  • Numbers Cannot Capture Toll on Families

    Michael Greenstone: High unemployment numbers fail to capture the broad scope of the problem since numbers alone cant illustrate the toll on families.

    Michael Greenstone

  • Deficit and the Ever-growing Debt

    Alice Rivlin: The deficit was a big problem years ago, but now we also face an ever-growing debt. The presidents bipartisan commission, of which she is a member, will tackle taxes and spending, she says.

    Alice M. Rivlin

Audio

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Summary

Vice President Joe Biden joined former U.S. Treasury Secretary Robert E. Rubin, former Deputy Secretary Roger C. Altman and U.S. Senator Sherrod Brown (D-Ohio) in a Hamilton Project forum to kick off the project’s 2010 policy agenda. The vice president presented the administration’s view of the economic challenges faced by America’s families, with an emphasis on the middle class. He also discussed the range of Obama administration initiatives to meet these challenges.

Hamilton Project Director and Brookings Senior Fellow Michael Greenstone gave a brief overview of a new strategy paper that outlines the near-term investments necessary to ensure broad-based growth, prosperity and opportunity for future generations of Americans. The event also featured two roundtable discussions to highlight innovative policy ideas and the broader challenges facing the U.S. economy.

In its new strategy paper, The Hamilton Project argues that the American tradition of expanding opportunity from one generation to the next is at risk because we are failing to make the necessary investments in human, physical, and environmental capital. In the wake of the Great Recession, policy focus has correctly been on the immediate economic challenges facing the nation. However, the country's continued prosperity rests on beginning to confront a series of long-run challenges including reforming the educational system, increasing research and development to speed innovation, reducing the budget deficit, and limiting emissions of greenhouse gases.

The first panel, moderated by Brookings Vice President and Economic Studies Co-director Karen Dynan, featured presentations on a number of innovative ideas in the Hamilton tradition, including health and long term well-being, improving K-12 education, and reforming energy and climate policy. Rubin moderated the second panel on challenges and opportunities facing the U.S. economy featuring Senator Brown and former Federal Reserve Vice Chairs Alan Blinder and Alice Rivlin, a Brookings senior fellow.

Download the strategy paper »

Access Vice President Biden's prepared remarks »
(Whitehouse.gov)


Event Agenda

  • Welcome

    • Robert E. Rubin

      Co-Chair, Council on Foreign Relations

      Former U.S. Treasury Secretary

  • Opening Remarks

    • Michael Greenstone

      Hamilton Project Director and Senior Fellow

  • Panel Discussion: Innovative Ideas in the Hamilton Tradition

    • Portrait: Karen Dynan
    • Roland Fryer

      Harvard University

    • Douglas Almond

      Columbia University

    • Michael Greenstone

      Hamilton Project Director and Senior Fellow

  • Panel Discussion: Opportunities and Challenges for the U.S. Economy

  • Keynote Remarks

    • The Honorable Joe Biden

      Vice President of the United States

Details

April 20, 2010

8:30 AM - 12:30 PM EDT

The Renaissance Mayflower Hotel

1127 Connecticut Ave., NW

Map

For More Information

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