Have you made the reconnection? No?! Well, here’s how to fix that.

May 26th, 2015 at 12:31 pm

Very simple. You just show up at the Center for American Progress this Thurs, 5/28, from noon to 1, for a discussion of my latest book, The Reconnection Agenda, Reuniting Growth and Prosperity. We’ve got an awesome panel lined up:

Jared Bernstein, Senior Fellow, Center on Budget and Policy Priorities
Jamelle Bouie, Staff Writer at Slate
Jennifer Erickson, Director of Competitiveness and Economic Growth, Center for American Progress

Moderated by:
Teresa Tritch, Member of the Editorial Board, The New York Times

In case you’re not sure, let me point out that I’ve run numerous forecasting models, and they all return the same prediction: this is going to be fun, interesting, and enlightening. Plus, the first 30 attendees get a free copy, signed by yours truly.

Details here.

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3 comments in reply to "Have you made the reconnection? No?! Well, here’s how to fix that."

  1. spencer says:

    Let us know if C-SPAN records it to show on their weekend shows about various topics.

  2. Jill SH says:

    Shoot. I was in DC *last* week…

  3. Mike Claxton says:

    Just finished reading your book. Enjoyed it very much. Just a couple of comments/maybe questions.

    1. As a non-economist, I struggle getting my brain around one argument about budget deficits. If I mangle the argument, I apologize, but I think it goes something like this: “If the Chinese decide to not finance our budget deficits, it will send interest rates through the roof, inflation will soar and the economy will tank.” This then becomes the rationale for the relentless focus on budget deficits regardless of the circumstances. There is kind of an intuitive and appealing ring to it. However, it does seem that if the Chinese decided to bail on US treasuries, the increase in the interest rate should send the value of the dollar down, which would increase exports (even if it does increase inflation a bit). Also, it does sort of seem that the Chinese have a co-dependency on us buying their stuff (so maybe they have an incentive to keep lending to us), they probably would take it in the shorts if they tried to sell all at once, and finally, where the heck else are they going to invest their dollars. That being said, I have seen the comments that Paul Krugman and to an extent you and Dean Baker have made, and they kind of fall flat (or don’t have that nice 10-second jingle to them).

    2. I sometimes wonder if the Reagan slogan should have been “mourning in America” rather than “morning in America.” It does seem like there has been a steady, but sure, drip, drip, drip of disinvestment in this county. Either cut or freeze investments in higher education, school nutrition programs, transportation funding, medical or scientific research. Consequently, when things are tough, budgetary one-offs seem to rule the day. No, they don’t “kill” people like liberals seem to argue, but neither are they without harm (a mini-stroke won’t necessarily kill you either, but neither are you necessarily made whole later on). Or maybe the slogan should have been, “America, you are so not worth it.” (As an aside, you might, if you haven’t already (but you probably have), look at Bruce Bartlett and his citation to two CBO studies that showed various multipliers for various kinds of government spending/tax expenditures; hence why I find the steady disinvestment in America so disheartening.)

    3. Liked your comments about providing state assistance in downturns and the triggers that could be used to spend/pull back. Sort of reminded me of the old program of revenue sharing, that could be kind of modified based on the formulas you suggested.

    Sorry for the long comments. This is why I am not on Twitter.