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Overview |
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We are in a savings crisis. Our Federal government is not saving enough to pay for future Medicare and Social Security spending. Our state and local governments have not saved enough to pay for future pension and health care for their workforces, and there are vast numbers of Americans approaching retirement age with little or no private assets.
The United States is in the midst of a slow-rolling catastrophe caused by grossly inadequate national savings. Aging denial has always been a problem, but circumstances have changed to make our low personal savings rates even more inappropriate. With low real rates of interest, sluggish income growth and a surge in post-retirement health care spending, we need to be saving more, not less. Our most accurate (and most ignored) forecast is: “Next year you will be a year older.”
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Tentative Agenda |
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7:30am-8:30am |
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Registration |
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8:30-8:35am |
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Welcome and Introductions |
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8:35-9:35am |
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National, State and Local Outlook |
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- Will political dysfunction in Washington derail the economy?
- Can we still count on housing to lead the way forward?
- What difference would a Yellen Fed make?
- Will California continue to outperform in a slower 4th quarter?
- Unfunded pensions in California Cities, A ticking time bomb?
- Which parts of L.A. did well in terms of jobs creation, income and wealth growth?
- Which parts of L.A. fell behind? Will this trend change?
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9:35-10:00am |
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Savings and Investment in the U.S. and How it Affects Our Forecast |
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10:00-10:15am |
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Break |
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10:15-10:40am |
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Keynote Address |
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10:40-11:30am |
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Executive Panel Discussion |
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11:30am |
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Wrap-Up and Closing |
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Price: $195
4 Seat Block: $700 |
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Important: Registration closes 11:59pm, 12/3/2013
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Keynote Speakers:
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Laurence Kotlikoff, William Fairfield Warren Distinguished Professor of Economics at Boston University and author of The Clash of Generations: Saving Ourselves, Our Kids and Our Economy |
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Speakers:
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Edward Leamer, Director, UCLA Anderson Forecast |
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David Shulman, Senior Economist, UCLA Anderson Forecast |
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Jerry Nickelsburg, Senior Economist, UCLA Anderson Forecast, Adjunct Professor of Economics, UCLA Anderson School |
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William Yu, Economist, UCLA Anderson Forecast |
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Michael Hiltzik, Business Columnist, Los Angeles Times |
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Suzanne Shu, Professor, UCLA Anderson School of Management |
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Ann Boynton, Deputy Executive Officer, Programs, Benefits and Policy, Calpers |
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David Crane, Lecturer and Research Scholar, Stanford Institute for Economic Policy Research |
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Sponsors:
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Academic Sponsors:
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For information on Sponsorship Opportunities [Click Here] |
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UCLA Anderson Forecast is a research center of
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