Good afternoon everyone and welcome to the sign institute of policy and politics summer series sign of the time. Im amy, executive director and at the sign institute we are a laboratory for University Wide collaboration and incubator for policy innovation. It can mean the best and brightest of the public, private, academic and nonprofit sectors as well as journalism and its program is only possible by a generous gift from our alumni, jeff simon and his wife meera for todays topic is the path to recovery, what is the true state of the u. S. Economy and it cannot be more timely. We would like to take a moment to acknowledge our cosponsor for this event, the school of business at American University and to think the dean for his support and also thank the distinguished leaders joining us today from our board of trustees and alumni board members. It is my pleasure at this time to introduce the people who will be leading this incredible conversation. Sylvia Matthews Burwell is president of
Demand driven. We dont train widget makers. The commune to College System has worked so remarkably well. One of the biggest differences between 10 years ago and now and why this is working well is the level of business engagement. If you go to Front Range Community college in colorado, he will see they have an advanced manufacturing partnership, a partnership between the federal, state and local government, the Business Community and others. Look and see the curriculum is being devised within industry. There are businesses whose workers are professors. One of the reasons they love teaching is they cherry pick the best students. That tiny build your talent pipeline. That is how you build your talent pipeline. Thank you for your leadership on behalf of comedic colleges. We had four years of desk cap grants. Community colleges. It stands for using comedic colleges to catalyze change. What i learned from these grants is that oftentimes, businesses were not talking enough to educators. In l
Were really down. I said, are you kidding me . We got 2900 people to think we ought to run the country. Year after year, and then john sununu came, and we have really gathered momentum. In 1994 we elected a class of republicans who just did not give a whit about their election. They came to balance the budget. It was remarkable. And then after 10 long years in 1997, i was one of the chief architects of allen saying that federal budget. First time we have done it since man walked on the moon. We have not done it since. We paid down the largest amount of the publicly held debt in modern history, and the economy was doing great. Some of you might remember i was a giants Television Star on fox news. [laughter] you are right back, how great i was on fox news. I also worked at Lehman Brothers and learned an awful lot about this, which is so critical in terms of understanding what motivates ceos. So i left. 10 years i was out. Im a believer that if we are really not here to serve others, i do
Level of business engagement. If you go to Front Range Community college where ive been in colorado you will see they have an advanced manufacturing partnership. Its a partnership between the federal state and local government. You see that the curriculum is being devised in partnership with industry. You actually see that there are businesses whose workers are professors. And what they tell me is one of the reasons they love teaching is they cherry pick the best students. And thats fine. Thats how you build your talent pipeline. And so we need to continue the efforts. And, again governor fallin thank you for your leadership on behalf of Community Colleges. We had four years worth of what we call tax grants. We have since dismissed our acronym director because its a clumsy acronym. What it stands for is using Community Colleges to catalyze change in the work force system. What i learned from these grants is that oftentimes businesses werent talking enough to educators. And so in los an
Ook tv. And sunday afternoon at 2 00 on American History tv on cspan3. Looking ahead here on cspan3, health and Human Services secretary Sylvia Burwell testifies on capitol hill about reports that consumers are intentionalley falsifying information to get subsidyies on the health care exchange. And legal challenges to the health care long. Wisconsin Governor Scott walker meets with voters in iowa. And later a discussion on combatting Prescription Drug abuse at the state level. Obama Administration Officials were babbling on capitol hill testifying on the Iran Nuclear Agreement. We see here in politico the fourhour hearing turned testy at times. In one bit of sparring, scott perrey of pennsylvania said iran is like a crocodile or shark thats about to be given more teeth. And they should have thought of a stronger agreement, such as a treaty, no matter what irans leaders wanted. Here is the congressman in another exchange with secretary of state john kerry. Said we dont have a better opt