Oct 13

Past Event

Hard Times, Solid Policies to Renew American Communities

Video

Highlights

  • Distressed Communities, Generational Change

    Gov. Jennifer Granholm, Michigan: Distressed communities are experiencing a generational change; these are longer-term problems.

    Jens Ludwig, Michael Greenstone and Bruce Katz

  • Federal Incentives Needed To Spur Business Relocation

    Gov. Jennifer Granholm, Michigan: You have to have the federal incentives that will make it irresistable for businesses to locate in areas that they otherwise might redline.

    Jens Ludwig, Michael Greenstone and Bruce Katz

  • Tax Policies Led to Reduced Tax Base

    Steve Goldsmith, Deputy Mayor, New York City: Tax policies to help distressed communities led to people moving, reducing the tax base.

    Jens Ludwig, Michael Greenstone and Bruce Katz

  • Agriculture Bounty Does Not Lead to Economic Bounty

    Ashley Swearengin, Mayor, Fresno, CA: Agricultural bounty in Fresno County, the largest ag production region in the world, has not spilled over into economic bounty for people in community.

    Jens Ludwig, Michael Greenstone and Bruce Katz

  • Global Metros Have Recovery Playbooks

    Bruce Katz: It''s insufficient to look at just American examples. Places in Europe and Japan have undergone dramatic economic restructuring. These include Torino, Barcelona, Sheffield, and others.

    Bruce Katz

  • Community Recovery Could Take Decades

    Michael Greenstone: Returning to growth for the hardest-hit communities will be a long and slow process that will take several decades.

    Michael Greenstone

Audio

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Summary

Plant closings, natural disasters, and a sluggish recovery continue to inflict terrible economic tolls on the labor force in America’s cities and states. New ideas for reinvigorating some of the hardest-hit communities are needed as policymakers attempt to pave the way toward putting more people back to work.

On October 13, Governor Jennifer Granholm (D-Mich.) joined former U.S. Treasury Secretary Robert E. Rubin, Fresno Mayor Ashley Swearengin, New York City Deputy Mayor Steve Goldsmith and other experts in a Hamilton Project forum focused on policy solutions for renewing American communities.

The Hamilton Project released a strategy paper and three new proposals that provide a range of options for helping communities and workers recover from recent economic shocks. Following the presentation of papers, Hamilton Project Director and Brookings Senior Fellow Michael Greenstone moderated a discussion among the authors and Bruce Katz, vice president and director of the Metropolitan Studies Program at Brookings. A panel of corporate and community leaders provided their perspectives on the tools necessary for recovery, and Governor Granholm closed the event with keynote remarks.

Following the panels, speakers took questions from the audience.

Watch complete event video on C-SPAN »

Event Agenda

  • 9:00 AM -- Welcome

    • Roger C. Altman

      Founder and Chairman

      Evercore Partners

  • 9:10 AM -- Panel One: Possible Solutions for Growth and Regeneration

  • Paper Presentations

    • Timothy Bartik

      Senior Economist

      W.E. Upjohn Institute for Employment Research

    • Jens Ludwig

      Nonresident Senior Fellow, The Brookings Institution

      Professor of Social Service Administration, Law and Public Policy, University of Chicago

    • Daniel Sullivan

      Executive Vice President and Director of Research

      Federal Reserve Bank of Chicago

  • 10:30 AM -- Panel Two: Perspectives from the Front Lines of American Communities

    • Moderator: Robert E. Rubin

      Co-Chair, Council on Foreign Relations

      Former U.S. Treasury Secretary

    • The Honorable Steve Goldsmith

      Deputy Mayor, New York City

      Former Mayor, Indianapolis

    • Joel Mastervich

      President and COO

      V&M Star

    • Michael Rubinger

      President & CEO

      Local Initiatives Support Corporation

    • The Honorable Ashley Swearengin

      Mayor, Fresno

  • 11:45 AM -- Keynote Remarks

    • The Honorable Jennifer Granholm (D-Mich.)

      Governor of Michigan

Details

October 13, 2010

9:00 AM - 12:30 PM EDT

Park Hyatt Hotel

Park Ballroom

1201 24th St., NW

Map

For More Information

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