| 00:00:28 |
Talbott, Strobe - President
A SOGGY DAY. IT'S NOT TOO HARD TO COME IN FROM OUTSIDE ON A DAY LIKE THIS. THIS IS THE FIFTH GROWTH THROUGH INNOVATION FORUM THAT WE HAVE HELD AT BROOKINGS...
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| 00:04:08 |
Hutchins, Glenn - Vice Chair
THESE FOLKS. >> I'M SURE AND ACTS OF WIDESPREAD CIVIL DISAGREE WITH YOU WILL DO WITH YOUR TECHNOLOGY WHAT YOU CHOOSE. AND AS SOMEONE IN THE TECHNOLOGY...
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| 00:12:04 |
Katz, Bruce - Vice President & Director
GOOD MORNING, EVERYONE. AND THANK YOU ALL FOR COMING OUT ON A RAINY DAY, AND HELLO TO EVERYONE WATCHING ON THE WEBCAST AND ULTIMATELY C-SPAN. I'M...
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| 00:18:06 |
Kleinfeld, Klaus - Chair and CEO
AND METROPOLITAN AREAS. SO WITH THAT CONCEPT SETTING, LET ME START WITH CLOUSE KLAUS. WHAT IS FUELING IT AND WHAT'S BEEN HOLDING BACK? >> I DO THINK,...
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| 00:26:39 |
Katz, Bruce - Vice President & Director
A CLASSROOM ENVIRONMENT WITH JUST A DISCUSSION. >> THAT'S VERY IMPORTANT DYNAMICS. >> SO GAME CHANGER, SHALE GAS, REGULATION, BARRIERS, CULTURE, SKILL...
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| 00:27:01 |
Barton, Dominic - Global Managing Director
GLOBAL MANUFACTURING TRENDS, BUT ALSO TRAINS BUT ALSO TRAINS IN WHICH ARE DESCRIBED AS ADVANCED INDUSTRY. AND THIS INTERESTING INTERPLAY OF PRODUCTION...
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| 00:31:57 |
Katz, Bruce - Vice President & Director
AND I THINK THAT WILL CREATE MORE BUSINESS OPPORTUNITIES, AND IS GOING TO GREAT HIS PRODUCTIVITY EFFECT, FLYWHEEL EFFECT SPENT IT STRIKES ME WHAT YOU'RE...
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| 00:32:35 |
Barton, Dominic - Global Managing Director
OF THE PRODUCT IS IN PRODUCTION COMPARED TO 12% FOR THE COUNTRY AS A WHOLE BUT IT SOUNDS LIKE WE DON'T UNDERSTAND OUR OWN ECONOMY. >> GOING A BIT OFF...
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| 00:33:45 |
Kleinfeld, Klaus - Chair and CEO
TO BE PLAYED, AND A LOT OF OPPORTUNITY AND SO FORTH. >> [INAUDIBLE] >> WE ARE REACHING POINTS ONE AGO TO OUR AEROSPACE, WE ARE NUMBER ONE IN AEROSPACE...
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| 00:34:36 |
DeRocco, Emily - Assistant Secretary
BIG NUMBERS THAT KLAUS IS PUTTING OUT THERE ABOUT THE KIND OF SKILLED WORKFORCE THAT WE NEED TO BUILD, AND WE COULD RATTLE OFF NUMBERS ABOUT EDUCATIONAL...
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| 00:45:03 |
Katz, Bruce - Vice President & Director
A VERY POSITIVE WAY THE ENTITLEMENT REFORM EFFORTS AS WELL. >> THANKS. I THINK THAT'S JUST A GREAT RECITATION OF THE FACT THAT WE KNOW WHAT TO DO....
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| 00:45:42 |
Fischer, Gregory Edward - Mayor, [D] Louisville
AND EDUCATION SYSTEM. BECAUSE I THINK IT REALLY IS A MODEL BEING BUILT FOR THE COUNTRY. >> THANK YOU. SO I HAPPEN TO BE A BUSINESS GUY, AN ENTREPRENEUR...
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| 00:52:50 |
Katz, Bruce - Vice President & Director
WE HAVE TO HAVE A HEALTHY MIDDLE CLASS, AND WE'VE GOT TO FIGURE THAT OUT WHILE WE HAVE THIS MANUFACTURING RENAISSANCE IN THE COUNTRY. >> SO JUST TRY...
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| 00:54:46 |
Fischer, Gregory Edward - Mayor, [D] Louisville
OF CENTER? I MEAN, HOW DO YOU THINK THIS PLAYS OUT? >> >> I ABSOLUTELY THINK SO BECAUSE, LOOK, THE ACTION IS AT THE LOCAL LEVEL. >> RIGHT. >> YOU KNOW,...
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| 00:55:45 |
DeRocco, Emily - Assistant Secretary
THINK REGIONALISM BETWEEN THE CITIES IS A BIG PART OF THAT. >> RIGHT. >> I'D MAKE THREE POINTS. ONE, NATIONAL CAMPAIGN, YEAH. BUT I'M WITH THE MAY OR...
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| 00:57:52 |
Kleinfeld, Klaus - Chair and CEO
AND LOCALS TAKE IT. >> YEAH. I'M A BIG FAN OF THE AMERICAN PHILOSOPHER MICHAEL JACKSON -- [LAUGHTER] WHO ONCE SAID IF YOU WANT TO HAVE CHANGE, LOOK AT...
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| 01:01:06 |
DeRocco, Emily - Assistant Secretary
CUSTOMERS, RIGHT? SO THESE FACTORIES ARE MUCH, MUCH MORE CRITICAL THAN THE LABOR COST PER UNIT. >> COULD I -- JUST TO SUPPLEMENT ONE LITTLE POINT THAT...
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| 01:01:46 |
Barton, Dominic - Global Managing Director
PUTTING MORE OF A BURDEN ON YOUR EFFORTS IN THE REGION. BUT I THINK IT'S IMPORTANT TO SEE HOW THIS IS A GROWING PROBLEM. >> RIGHT. >> I WAS JUST GOING...
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| 01:03:36 |
Katz, Bruce - Vice President & Director
AND THEN GET AT THE REGIONAL -- I THINK IT'S A LOCAL/REGIONAL AREA LEVEL. WE CAN GET A FLY WHEEL GOING. >> LET ME ASK YOU ALL THIS QUESTION. I FIND...
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| 01:05:06 |
Fischer, Gregory Edward - Mayor, [D] Louisville
DO WE, HOW DO WE THINK ABOUT IT COMPARED TO THIS? >> I THINK IT'S BECAUSE IT'S SEXY NOW, RIGHT? THINK ABOUT THE TOOLS THAT YOU HAVE NOW COMPARED TO...
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| 01:06:22 |
Kleinfeld, Klaus - Chair and CEO
OF THEIR COMPANIES ARE HERE. SO THEY COME HERE AND THEY BASICALLY BRING THOSE PRACTICES TO THE UNITED STATES WHICH HAS AN ENORMOUS EFFECT ON THE SKILLS...
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| 01:06:48 |
DeRocco, Emily - Assistant Secretary
RIGHT? AND THIS CANNOT BE ADDRESSED WITHOUT ADDRESSING INTELLIGENT IMMIGRATION REFORM. >> RIGHT. >> IMPOSSIBLE. >> TWO OTHER POINTS. ONE, I THINK MANY...
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| 01:08:28 |
Barton, Dominic - Global Managing Director
INNOVATORS AND ACTUALLY MOVE TO MASS PRODUCTION AGAIN. I WONDER IF WE CAN. >> RIGHT. >> I KNOW TO BROADEN IT OUT, THE OTHER AREA YOU WERE TALKING ABOUT...
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| 01:09:29 |
Fischer, Gregory Edward - Mayor, [D] Louisville
WOULD BE THERE? AND I JUST THINK THERE'S 21 SECTORS OUT THERE THAT COULD USE THIS. >> BUT THIS WHOLE CONVERSATION -- I THINK WHAT'S -- >> COULD I JUST...
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| 01:10:11 |
Katz, Bruce - Vice President & Director
GOVERNMENT CAN HELP WITH CREATING THIS INNOVATION CAPACITY WITH THE SMALL AND MEDIUM-SIZED MANUFACTURERS. >> THE COMMON THEME HERE, AND THEN WE'LL GO...
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| 01:10:28 |
Q&A with audience begins
CONNECTS TO, RELATES TO SO MUCH OF THE REST OF THE ECONOMY. QUESTION. RIGHT OVER HERE. AND HERE COMES THE MIC. >> WHAT A FABULOUS MORNING, THANK YOU....
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| 01:12:08 |
DeRocco, Emily - Assistant Secretary
DON'T UNDERSTAND IT, NOT MUCH HAPPENS. ANYWAY -- >> WE HAVE A COMMUNICATIONS PROBLEM HERE. >> THANK YOU. >> FAILURE -- >> TWO REAL QUICK THINGS. ONE,...
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| 01:12:54 |
Kleinfeld, Klaus - Chair and CEO
AND RECOGNIZE THE MANY SPUTNIK MOMENTS THAT HAPPEN EVERY SICKLE DAY IN THIS -- SINGLE DAY IN THE COUNTRY. >> BUT ON THE SPUTNIK MOMENTS, IN MY PAST LIFE...
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| 01:15:57 |
Fischer, Gregory Edward - Mayor, [D] Louisville
THE PRIORITIES, AND WHERE WOULD YOU PUT THE COMPONENTS OF THAT DOLLAR? >> THOUGHTS ON THIS. WHO WANTS TO START? >> WELL, I THINK ONE AREA WE HAVEN'T...
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| 01:17:30 |
Barton, Dominic - Global Managing Director
HE WORKS AT GE, HE'S ONE OF THEIR ENGINEERS, AND THAT'S WHAT I WANT TO GROW UP AND DO. >> I'D PUT 50 CENTS IN DATA AT THE BEGINNING TO GET -- AND THEN...
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| 01:18:06 |
DeRocco, Emily - Assistant Secretary
WOULD BE SOMETHING. I THINK PEOPLE ARE JUST NOT AWARE OF THE TALENT. >> UM, I'M ACTUALLY WORKING WITH McKENZIE AND THE HOPE STREET GROUP ON THAT BIG...
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| 01:19:00 |
Kleinfeld, Klaus - Chair and CEO
FOR WHICH WE CAN'T GET VENTURE CAPITAL AND AS A RESULT WE'RE LOSING ALL THE NEW TECHNOLOGIES WITH OVERSEAS COMPUTERS. >> I WOULD BE VERY HAPPY WITH...
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| 01:19:59 |
Fischer, Gregory Edward - Mayor, [D] Louisville
I MEAN, IT'S GREAT TO HAVE THESE KIND OF INITIATIVES ON THE GROUND WITH, BUT YOU WANT IT PORTABLE. >> VERY IMPORTANT. >> THERE'S ONE OTHER THING REAL...
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| 01:20:20 |
Katz, Bruce - Vice President & Director
FORMAL EDUCATION, YET WE REALLY DON'T UNDERSTAND IT VERY MUCH AS A COUNTRY, AND WE SPEND A MINUSCULE AMOUNT ON IT. >> FOR ALL OF YOU IN THE ROOM, FOR...
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| 01:21:37 |
Kleinfeld, Klaus - Chair and CEO
FOR EDUCATORS? I THINK IF WE FIND THIS ANSWER, MANUFACTURING IS SUPER SEXY. >> I THINK, I TELL YOU, WE WERE JUST BUILDING A GIGANTIC COMPLEX, MANUFACTURING...
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| 01:24:27 |
Kleinfeld, Klaus - Chair and CEO
MIGHT BE DONE TO ENHANCE COMMODITY MANUFACTURING? >> THOUGHTS? >> ENERGY IS A BIG PART OF IT. ENERGY, I MEAN, BECAUSE MANY PODTY -- I MEAN, WE ARE IN...
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| 01:26:53 |
Fischer, Gregory Edward - Mayor, [D] Louisville
FIRST, ARE WE PRODUCING FOR THE DOMESTIC OR GLOBAL MARKET? >> WELL, IN OUR CASE IN THIS BLUEGRASS REGION OF KENTUCKY WE HAVE A SPECIFIC PROGRAM ON EXPORT...
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| 01:27:24 |
Barton, Dominic - Global Managing Director
BUT I THINK YOU SEE THAT'S ONGOING THROUGHOUT THE COUNTRY. >> DOM? >> YEAH. JUST TO SORT OF TEASE MY COLLEAGUE, B YOU OBVIOUSLY WEREN'T LISTEN BING TO...
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| 01:28:15 |
DeRocco, Emily - Assistant Secretary
AREAS WHERE -- HEALTH CARE WILL BE ANOTHER ONE, WHERE PEOPLE WILL WILL DO IT. I THINK IT'S A VITALLY-CONNECTED PART OF EXPORTS. >> AND I THINK MOST...
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| 01:28:54 |
Fischer, Gregory Edward - Mayor, [D] Louisville
WORK FORCE. BUT THEY'RE ALWAYS IN THE TOP THREE OF WHERE THEY'RE GOING TO CHOOSE THEIR NEXT SITING. >> ANY OTHER THOUGHTS? >> COME DOWN TO POINT OUT...
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| 01:29:17 |
Katz, Bruce - Vice President & Director
LOUISVILLE, KENTUCKY. >> YOU WERE OR A BUSINESSMAN IN A PRIVATE LIFE. >> FIRST OF ALL, I JUST WANT TO THANK THE PANEL, BECAUSE I THINK WHAT IS SO CRITICAL...
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NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.