| 00:00:21 |
Cardenas, Vanessa - Director
NATION. BY 2015, OUR COUNTRY WILL BECOME AN INCREASINGLY DIVERSE NATION. -- 2050 OUR COUNTRY WILL BECOME AN INCREASINGLY DIVERSE NATION. EXPORTS AND...
|
| 00:01:42 |
Blackwell, Angela Glover - Founder and CEO
THAT IS GOING TO BE REQUIRED FOR US TO CREATE A SOCIETY IN WHICH EVERYONE CAN PARTICIPATE AND PROSPER. WE ARE AN ORGANIZATION AT POLICYLINK DEDICATED...
|
| 00:09:21 |
Podesta, John D. - President and CEO
AND TRY TO PROVIDE POLICY IDEAS THAT COME IN FACT, FOUND THEIR WAY INTO SOME OF THE RECOVERY PROVISIONS. IT IS GREAT TO BE BACK IN PARTNERSHIP WITH YOU....
|
| 00:17:11 |
Saez, Emmanuel - Director
OF TOTAL INCOME WENT TO THE TOP 1% FAMILIES OF ALMOST A CENTURY IN THE UNITED STATES. THE LAST PART OF THE GRAPH SHOWS A DRAMATIC INCREASE IN THE SHARE...
|
| 00:19:58 |
Spriggs, William - Assistant Secretary
OF A PERSISTENT GAP BY GENDER, BY RACE THAT IS PRETTY MUCH STAYED THE SAME IN TERMS OF WAGE GAPS SINCE THE 1970'S. OF COURSE, WE HAVE BEEN PLAGUED BY...
|
| 00:22:41 |
Podesta, John D. - President and CEO
TRENDS LOOKED LIKE FROM THE PERSPECTIVE BOTH OF EQUITY AND GROWTH. WE HAVE DUBBED THIS PROJECT PROJECT 2050 AND PROBABLY THOUGHT ABOUT CALLING THE PROJECT...
|
| 00:23:39 |
Pastor, Manuel - Professor
ALL THE TIME. THAT MEANS EVERYONE WILL BE A MINORITY. ONE THING THE NEW CENSUS DATA SUGGESTS IS A RAPID GROWTH HAS BEEN IN THE LATINO AND ASIAN COMMUNITY....
|
| 00:27:14 |
Podesta, John D. - President and CEO
WE DO NOT GET THESE POLICIES RIGHT? MAYBE ALL THREE OF YOU SPEAK TO THAT. WHAT IS IT GOING TO MEAN IF OUR HUMAN CAPITAL IS UNDER INVESTED IN AN EDUCATIONAL...
|
| 00:27:46 |
Spriggs, William - Assistant Secretary
BETWEEN LATINOS AND WHITES AND AFRICAN-AMERICANS AND WHITES AND YOU LOOK AT DIFFERENCES IN CHILD ACHIEVEMENT, WEALTH IS SUCH A BETTER PREDICTOR OF THE...
|
| 00:29:47 |
Saez, Emmanuel - Director
ORTHODOX ECONOMIC ARGUMENT THAT ANY QUALITY IS GOOD BECAUSE IT GENERATES STRONG INCENTIVES TO WORK AND SUCCEED, THEREFORE, EQUALIZING INCOMES MIGHT...
|
| 00:31:57 |
Pastor, Manuel - Professor
INVESTED MORE IN BASIC EDUCATION AND LIFTED UP HUMAN CAPITAL AND ALSO CREATED THE OPPORTUNITY FOR PEOPLE TO FEEL LIKE THEY MAY BENEFIT FROM GROWTH....
|
| 00:35:13 |
Podesta, John D. - President and CEO
FANCIFUL CONNECTIONS FROM JUST A FEW EVIDENCE POINTS. [LAUGHTER] I WANT TO COME BACK TO THE OBSERVATION THAT THE HIGHEST DATAPOINT INEQUITY AND U.S. ECONOMY...
|
| 00:36:10 |
Saez, Emmanuel - Director
CAUSE OF BOTH OF THOSE WAS A CREDIT BOOM WITH A RUNAWAY FINANCE. IT IS STRIKING TO ALSO SEE THOSE TWO THINGS HAPPENED AT TIMES WHERE FINANCE WAS COMPLETELY...
|
| 00:37:37 |
Podesta, John D. - President and CEO
MAYBE THERE IS NO ANSWER TO THIS QUESTION, BUT TO REDUCE POLICIES THAT ARE GOING TO DO WHAT MANUAL DESCRIBES, EDUCATION, PUTTING GIRLS IN SCHOOLS AND...
|
| 00:38:19 |
Spriggs, William - Assistant Secretary
DO THAT. THE COLUMBIA FREE TRADE AGREEMENT WENT VERY FAR IN TRYING TO MAKE SURE UNIONS WERE PROTECTED IN COLOMBIA. WE LECTURE THEM QUITE A BIT ABOUT WHY...
|
| 00:40:41 |
Podesta, John D. - President and CEO
YOU SAW QUINTILES OF THE POPULATION GROWING AT ABOUT THE SAME RATE, BUT WHEN YOU APPLY THE SAME RATE AGAINST MORE INCOME, YOU STILL GET THAT BIG SPIKE...
|
| 00:41:44 |
Saez, Emmanuel - Director
IS GIVEN THE OPPORTUNITY OF GETTING A GOOD EDUCATION TO ALL AMERICANS IS CENTRAL. SO THOSE GOVERNMENT INTERVENTIONS WILL REQUIRE SPENDING. IF YOU WANT...
|
| 00:44:59 |
Podesta, John D. - President and CEO
RESPECT TO INVESTMENT? I MEAN, THE THEORY IS, IF YOU DRIVE RATES DOWN ON INVESTMENT INCOME, THEN YOU GET MORE INVESTMENT AND THE ECONOMY WILL GROW STRONGER....
|
| 00:45:28 |
Saez, Emmanuel - Director
TAX THESE. I THINK THE SOLUTION TO THE PROBLEM IS WE SHOULD DISCONNECT THE TAXES OF BUSINESSES FROM THE TAXES OF INDIVIDUALS. WHAT YOU WANT TO DO IS...
|
| 00:46:34 |
Spriggs, William - Assistant Secretary
ENOUGH THAT CAN REALLY ADDRESS THOSE AT THE BOTTOM, THE BOTTOM 60%. NOW, THE RECOVERY ACT ACHIEVED THAT. PRESIDENT OBAMA ENGINEERED IT SO WHEN YOU LOOK...
|
| 00:48:54 |
Pastor, Manuel - Professor
OPPORTUNITIES? I THINK THE INVESTMENT IN EDUCATION ARE INCREDIBLY IMPORTANT. ONE OF THE THINGS VERY, VERY IMPORTANT IS INVESTING IN THE COMMUNITY COLLEGE...
|
| 00:50:39 |
Podesta, John D. - President and CEO
DATA. ARE THOSE -- THOSE ARE NOT FEDERAL BASED POLICIES THAT ARE AFFECTING REGIONS. MAYBE A LITTLE BIT. R&D SPENDING MIGHT BE CONCENTRATED AND ACADEMIC...
|
| 00:51:25 |
Pastor, Manuel - Professor
OF HETEROGENEOUS PERFORMANCE AND REGIONAL PERFORMANCE IN CLUSTERS. I THINK YOU'RE SEEING THE BEST MAYORS AND GOVERNORS AND EVEN METROPOLITAN PLANNING...
|
| 00:54:10 |
Podesta, John D. - President and CEO
WE HAVE A MICROPHONE. GO AHEAD. >> STORM CUNNINGHAM. I AM WONDERING -- YOU HAVE A GREAT CHART HERE DEMONSTRATING THE RELATIONSHIP BETWEEN ECONOMIC...
|
| 00:54:46 |
Pastor, Manuel - Professor
WHAT WE TRY TO DO IS YOU CAN TAKE A LOOK AT THE RELATIONSHIP BETWEEN ECONOMIC GROWTH AND EQUITY AND WE TRY TO DO A LITTLE BIT OF SIMULTANEOUS MODELING...
|
| 00:56:39 |
Spriggs, William - Assistant Secretary
WE ARE DOING THE DOWN PAYMENT NOW OF $500 MILLION OUT TO COMMUNITY COLLEGES TO MAJOR COMMUNITY COLLEGES ARE UNDERSTANDING THE NEEDS TO PLACE WORKERS...
|
| 00:57:35 |
Pastor, Manuel - Professor
DEFENSE RATHER THAN -- I WOULD NOT CALL IT OFF AND, BUT PUTTING OUT OUR OWN STORY AND FRAMING A NARRATIVE. NUMBER ONE, HOW INEQUALITY HAS BEEN DEAD FOR...
|
| 01:00:45 |
Spriggs, William - Assistant Secretary
GENDER EQUALITY, I THINK PEOPLE UNDERSTAND THAT THE DIVIDES HAVE TO BE CROSSED IN WHAT WE ARE DOING. THE DEPARTMENT OF LABOR HAS BEEN REINVIGORATED SO...
|
| 01:01:42 |
Pastor, Manuel - Professor
NERDS. -- TOTAL NERDS. ONE WAS THE SIZE OF THE BLACK MIDDLE CLASS. WHEN WE THOUGHT ABOUT IT, YES, THAT IS A POPULATION THAT HAS INTEREST IN ECONOMIC...
|
| 01:04:28 |
Saez, Emmanuel - Director
ICAREFUL WORK HAS SHOWN THAT THE EFFECTS ARE MUCH MORE COMPLEX BECAUSE INCREASING THE MINIMUM WAGE REDUCES DRASTICALLY TURNOVER AS WORKERS ARE MORE MOTIVATED...
|
| 01:06:59 |
Pastor, Manuel - Professor
WHICH PEOPLE SPRAWLED OUT IN SUBURBS. IN ORDER TO DEAL WITH THAT, WE WILL HAVE TO DEAL WITH THE DISCONNECTION. THERE IS SOME DEGREE OF THE OTHER EITHER...
|
| 01:08:42 |
Podesta, John D. - President and CEO
UP WITH THE SECOND PANEL. PLEASE JOIN ME IN TAKING THIS PANEL. -- IN THANKING THIS PANEL. [APPLAUSE] >> WE ARE GOING TO DO A LITTLE CLEANING OF THE...
|
| 01:09:48 |
Nittoli, Janice - Associate Vice President and Managing Director
THEN THERE IS SOMETHING WRONG ABOUT THE AMERICAN DREAM. WE TALKED A LITTLE BIT ABOUT TAX POLICY, WHAT WE COULD DO ABOUT THE WAY IN PUBLIC INVESTMENT....
|
| 01:13:51 |
Herbert, Bob - Columnist
AROUND THE COUNTRY. IT STRIKES ME THAT THE U.S. IS IN A LOT DEEPER TROUBLE THAN YOU MIGHT GET LOOKING AT MAINSTREAM MEDIA OR LISTENING TO THE POLITICIANS....
|
| 01:16:50 |
Nittoli, Janice - Associate Vice President and Managing Director
ONE THING THAT CAME THROUGH PRETTY CLEAR THELY IS IF YOU DO NOT HAVE THE MONEY, YOU CANNOT GET THE EDUCATION THESE DAYS. >> IT IS REALLY A PLEASURE TO...
|
| 01:17:13 |
Chang, Mariko - Author
TO EDUCATION, THIS REALLY HITS HOME BECAUSE MY OLDEST DAUGHTER IS A SENIOR HEADING OFF TO COLLEGE AT SOME UNKNOWN PLACE, BUT SHE WILL KNOW BY MAY 1....
|
| 01:28:31 |
Fairchild, Denise - President
REPRESENTING A COALITION OF LABOR, ORGANIZATIONS, AND OUR MISSION IS TO TRANSFORM AMERICA AND TO MAKE IT MORE EQUITABLE. HOW DO WE TRANSFER METROPOLITAN...
|
| 01:36:52 |
Nittoli, Janice - Associate Vice President and Managing Director
WITH PRIVATE COMMERCE. WHAT SHOULD WE BE LOOKING FOR? WHAT ARE THE PIECES THAT SHOULD BE MAKING IT WORK? WHAT SHOULD WE AVOID? >> I THINK IMPLEMENTATION...
|
| 01:37:11 |
Chen, Don - Senior Program Officer
COMMEND THE CENTER FOR AMERICAN PROGRESS FOR BRINGING THIS TOPIC TO OUR ATTENTION. I WANT TO ADD A DIMENSION TO A LOT OF THE POINTS THAT THE BEEN RAISED....
|
| 01:45:01 |
Nittoli, Janice - Associate Vice President and Managing Director
THE MOST ORGANIZED GETS TO SAY THE MOST. IN THIS COUNTRY, MORE RECENTLY WITH INDUSTRIAL LABOR UNIONS, THAT WAS ONE WAY WE FORMED A COMMON BASE OF CONVERSATION....
|
| 01:45:51 |
Herbert, Bob - Columnist
THESE ISSUES HAVE TO REVOLVING AROUND ACCESS TO EMPLOYMENT. TO ME, THAT IS THE CORNERSTONE IN THIS COUNTRY. IF PEOPLE ARE UNABLE TO WORK AT JOBS THAT...
|
| 01:47:17 |
Fairchild, Denise - President
ABOUT WHAT DOES IT MEAN TO BE EQUITABLE AND WHAT ARE THE RACIAL TENSIONS. THE WE HAVE TO ENGAGE THE YOUNG PEOPLE IN REDEFINING WHAT THIS NEW ECONOMY...
|
| 01:48:37 |
Chen, Don - Senior Program Officer
REALLY REGIONAL ORGANIZING IN WHICH A DIVERSE SET OF PLAYERS, PRIVATE SECTOR, ENVIRONMENTALISTS, SOCIAL JUSTICE, HOUSING, AND OTHER ACTIVISTS ARE BANDING...
|
| 01:49:17 |
Herbert, Bob - Columnist
THE PROPER RESPONSE, THAT PEOPLE WILL DO THE RIGHT THING. I DO NOT BELIEVE THAT. I ALSO THINK THAT WHILE WE NEED TO TRY TO PULL TOGETHER, WHICH IS MY...
|
| 01:50:58 |
Fairchild, Denise - President
LEADERSHIP ROLES SO WE KNOW HOW DOLLARS ARE ALLOCATED SO INFRASTRUCTURE INVESTMENTS ARE GOING TO WORK FOR PEOPLE OF COLOR. THE EDUCATIONAL SYSTEM WILL...
|
| 01:51:35 |
Nittoli, Janice - Associate Vice President and Managing Director
MICROPHONE. WE HAVE ANOTHER MICROPHONE. >> THANK YOU VERY MUCH. I WORK FOR THE U.S. ENVIRONMENTAL PROTECTION AGENCY. HOW DO WE MOVE BEYOND THE EBB AND...
|
| 01:52:50 |
Chen, Don - Senior Program Officer
GOING TO ACCELERATE AS WE MOVE INTO THE FUTURE. THIS IS AN OPPORTUNITY FOR US TO REFRAIN SOME OF THE ISSUES THAT WE ARE DISCUSSING. PRACTICALLY EVERY...
|
| 01:54:14 |
Herbert, Bob - Columnist
OUR PEOPLE, YOU NEED TO BE OUT THERE WITH POOR PEOPLE ORGANIZING PEOPLE. SOMEONE MENTIONED THE IMPORTANCE OF LABOR UNIONS, WHICH ARE SO ON FASHIONABLE....
|
| 01:55:14 |
Fairchild, Denise - President
WE HAVE BEEN WORKING IN CITIES WHERE YOUTH BILLS AND SERVICE CORPS ARE WORKING WITH THE TRADE UNIONS ON HOW TO DEVELOP A CAREER COLLEGE PATHWAY. HOW TO...
|
| 01:56:16 |
Chang, Mariko - Author
GROUP WORK FOR THEIR ISSUE. MAYBE ANOTHER ISSUE IS IN THAT HAS ANOTHER OVERLAPPING ISSUE WITH THE TRADE UNIONS. THEY CAN HELP BRING DISCUSSIONS AND TOPICS...
|
| 01:58:11 |
Chen, Don - Senior Program Officer
DE CENTRALIZATION OF EMPLOYMENT. WE HAVE THE MAJORITY OF JOBS IN SUBURBAN LOCATIONS. THE ONE GLIMMER OF HOPE IS THAT LEADING BUSINESSES ARE FINDING...
|
| 02:00:01 |
Chang, Mariko - Author
WORKPLACE WHERE PEOPLE ARE WELL TRAINED. WE NEED TO FORGE MORE LINKS BETWEEN THE COMMUNITY LEVEL AND SYSTEMS OF EDUCATION AND EMPLOYERS. WITH THAT KIND...
|
| 02:01:47 |
Herbert, Bob - Columnist
BELIEVER IN FIGURING OUT A WAY IN THIS COUNTRY TO REBUILD THE NATIONAL INFRASTRUCTURE. THAT IS THE THING THAT FORMS THE PLATFORM. IT IS A SOURCE OF NEW...
|
| 02:03:43 |
Nittoli, Janice - Associate Vice President and Managing Director
THEY WILL RESONATE IN YOUR MIND'S EYE WHEN YOU READ THE PAPERS. PLEASE JOIN ME IN THANKING OUR PANEL. THANK YOU VERY MUCH. [APPLAUSE] [CAPTIONING PERFORMED...
|
NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.