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    Obama Advisor: Government Spending Crucial to Recovery



    Obama Advisor: Government Spending Crucial to Recovery
    Commonwealth Club - Commonwealth Club
    How can California remain economically competitive with the eager, talented and educated middle classes emerging in China, India and elsewhere? How can the California Dream be prevented from turning into a California Nightmare? Gold drove the first economic boom, and information technology fostered California's most recent revolution of jobs and growth. What will be next?As the world becomes flat, globalization presents challenges. Will Californians innovate their way out? Prominent Californians (including a world-renowned economist, urban analyst and business innovators) discuss the issues challenging the state's business environment and provide insight into what must be done to ensure economic success.