Video

Highlights

  • Foundation for Bipartisan Progress

    Valerie Jarrett, White House Senior Advisor: President Obama has taken bold, decisive steps to pass controversial legislation for the health of the nation. That success provides us with a foundation for cooperation across party lines.

  • Focus is on Job Creation

    Valerie Jarrett, White House Senior Advisor: The President’s primary focus is to create jobs and bring down the unemployment rate. He recognizes that one way to reach that goal is by shoring up the nation’s infrastructure.

  • Clear, Cogent Energy Policy Needed

    Jeff Immelt, CEO, General Electric: If we want to grow our industries and create more goods and more jobs, we’ll need good policies, especially a thoughtful and clearly defined energy policy.

  • Innovation Fosters Job Growth and Market Expansion

    Dominic Barton, McKinsey and Company: Innovation is fueled by five key drivers and together they produce an environment that fosters higher education, creates jobs and expands markets.

  • New Models for Broadband Growth

    Jeff Bewkes, Chair, Time Warner: Exciting new business models are on the horizon for broadband and video. The success of these models is predicated on investing in and expanding our infrastructure to make it happen.

  • New Models for Growth

    Klaus Kleinfeld, President and CEO, Alcoa: From its entrepreneurial culture, to the excellence of it universities, to its industry clusters, the U.S. continues to create new models for innovation and growth.

  • Preventing the Next Industry Bubbles

    Austan Goolsbee, White House Chief Economist: The economic recovery is on pace. We must focus on stabilizing the economy as we shift to a more traditional business cycle and prevent industry bubbles like those that led to the recession.

  • U.S. Budget Deficit Must be Reduced

    Alice Rivlin: The deficit must come down. That means implementing strategies such as reforming the tax code, amending entitlement programs and finding new ways to finance infrastructure repair and construction.

    Alice M. Rivlin

  • Dichotomy in Deficit Reduction

    Ann Fudge, Nat’l Commission on Fiscal Responsibility and Reform: The dichotomy in resolving the deficit crisis calls for cutting and investing; we need to cut spending but continue to invest in beneficial endeavors like infrastructure.

  • Debt Crisis a Critical Challenge for Congress

    Ron Haskins: Managing the nation’s debt crisis is a critical challenge for Congress, which is entering the fray with untested leadership at the helm.

    Ron Haskins

  • Innovation is Key to Economic Strength

    Glenn Hutchins, Co-founder Silverlake: Innovation is crucial to growth and prosperity, and offers a foundation that allows markets to function and helps businesses thrive.

  • The Munitions Industry

    Michael O’Hanlon: The munitions industry is a great innovator. Its technologies have gone far beyond warfare, with applications that range from automobile air bags to space exploration.

    Michael E. O'Hanlon

  • Economy Remains Top Issue

    Darrell West: Improving the economy is still the most critical issue our nation faces. Finding ways to remain competitive in the global sphere is key to that goal.

    Darrell M. West

  • Low Carbon Energy

    Michael Greenstone: The economy that innovates to reduce the cost of low carbon energy will, in effect, build a better mouse trap.

    Michael Greenstone

  • Move to Green Economy a Global Competition

    Bruce Katz: The move to a greener economy is a global competition. The U.S. must wisely and expeditiously develop both policies and practices that encourage more innovation and growth in this critical area.

    Bruce Katz

  • Defense Industry Leads Technology and Innovation

    Peter W. Singer: While the U.S. defense industry is a key component in our national security efforts, it also spurs international trade and continues to play a leadership role in technology and innovation.

    Peter W. Singer

Summary

As the new Congress begins its work, lawmakers and President Obama face both the immediate task of creating new jobs, and the long-term challenge of bringing record budget deficits under control while strengthening and sustaining economic growth.

On January 12, the Brookings Institution gathered the CEOs of leading U.S. businesses for a day-long series of panels addressing innovation in key business sectors, including information technology, green technology, defense and manufacturing. The program also included state and federal budget experts who discussed ways to reduce the budget deficit without strangling the economic recovery. Brookings experts lead the discussions to draw out ideas to advise policymakers on strategies for fostering growth and innovation.

Following each panel, the participants took questions from the audience.

Event Agenda

Details

January 12, 2011

8:30 AM - 3:30 PM EST

The Brookings Institution

Falk Auditorium

1775 Massachusetts Ave., NW

Map

For More Information

Brookings Office of Communications

(202) 797-6105