Hanabusa Serves as Panelist at Global Conference on Economy

Apr 18, 2013 Issues: Jobs and Economy

Washington, D.C. – U.S. Representative Colleen Hanabusa (HI-01) was invited by the Bertelsmann Foundation to participate on a panel at their annual conference, which focused on the global economy and what can be done to spur job growth and innovation. Other panelists included Tim Pawlenty, Financial Services Roundtable CEO and former Minnesota governor, James Quigley, senior partner at Deloitte LLP, and Robert Romasco, President of AARP.

The conference, entitled “System Upgrade – Time for a Global Economic Re-boot,” was attended by international representatives from government, business, media, and academia.

“It is an honor being included with leaders like Governor Pawlenty, Mr. Quigley, and Mr. Romasco, and participating in a panel like this is a valuable opportunity,” said Hanabusa. “Getting away from the echo chamber of Congress and exchanging ideas with people with different views—political, economic, and social—is critical to keeping my thinking fresh. I learned some things today and I think that’s going to help me be more effective. I hope the panelists and the audience benefitted from my being here too.

“In the U.S., as we work to reduce the budget, we need to look at whether we’re making the right economic choices and advancing the most important policies. Policy is about making choices. I’m not alone in saying—many times—that sequestration is a bad idea because it was supposed to be a bad idea. It’s a blanket austerity program. Instead we should be putting more emphasis on economic support in key areas, protecting critical sectors. We must be willing to say what our priorities are, what vision we have for America today and in the future, and where we want to invest our nation’s time and money.”

The discussion was moderated by Ed Luce, Chief Washington Commentator for the Financial Times.

As part of the German-based Bertelsmann Stiftung, the Bertelsmann Foundation is a pan-European, non-partisan think thank focused on creating discussions between decision-makers and experts about global best practices in order to help inspire ideas and address society’s greatest challenges. 

For photos from the panel discussion, click here: http://on.fb.me/17Jj6OP.