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Crisis in the States and Cities

What Should Be Done?

The New America Foundation teamed up with Economists for Peace and Security and Bernard Schwartz to host a symposium on the budget crises faced by state and local governments in the wake of the Great Recession. The symposium included an impressive lineup of experts from a wide array of fields including leading policy institutes, academia, and the federal government.

It has been argued that cities and states need to implement punishing budget cuts in order to balance budgets which have fallen deep into the red as a result of a confluence of factors: the housing crisis, falling revenues, rising pension and health care costs, and political stalemates over budget and tax reform. But will budget cuts help, as some claim -- or hurt, as others believe - the economies of affected jurisdictions and the country? How correct is the popular narrative surrounding the budget crises? And what is the way forward?

For questions, contact Thea Harvey at theaharvey@epsusa.org or Ellie Warren at elliewarren@epsusa.org.


11:30am - Registration

12:00pm - Welcoming Remarks

James K. Galbraith
Economists for Peace and Security

12:15pm to 1:15pm - Session One: Workers' Rights, Workers' Pay, and Local Public Services: Are Workers and Unions the Cause of State Budget Crises?

Jeffrey Keefe
Economic Policy Institute

Kerry Korpi

Dean Baker
Center for Economic and Policy Research

1:15pm to 1:45pm - Keynote Speaker

Representative Lynn Woolsey
U.S. House of Representatives (D - CA)

1:30pm to 2:45pm - Session Two: State Governments: How Bad Is It? The Role of State Governments in Infrastructure, Science, and Education

Gary Dymski
University of California, Riverside

Robert B. Ward
Rockefeller Institute of Government

Katherine Newman
Johns Hopkins University

2:45pm to 4:00pm - Session Three: The National Responsibility and a Course of Action

Michael Lind
Economic Growth Program, New America Foundation

James K. Galbraith
Economists for Peace and Security

Greg Anrig
The Century Foundation

Steve Attewell
University of California - Santa Barbara

Event Time and Location

Tuesday, April 12, 2011 - 11:30am - 4:00pm
Hyatt Regency Capitol Hill, Capitol Room A
400 New Jersey Avenue NW
Washington, DC

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