Center for American Progress Action

ADVISORY: Nick Hanauer Joins CAP Action to Discuss Competing Visions for the U.S. Economy and Implications for the 2012 Elections
Press Advisory

ADVISORY: Nick Hanauer Joins CAP Action to Discuss Competing Visions for the U.S. Economy and Implications for the 2012 Elections

Washington D.C. – On Thursday, May 31 the Center for American Progress Action Fund will explore how two competing economic visions for our country’s future – a conservative vision of deep budget cuts and ever-greater tax cuts for the wealthy that are supposed to “trickle down,” or a progressive vision of an economy that works for everyone built around investments in the middle class – will define the 2012 elections.

Multimillionaire entrepreneur Nick Hanauer recently gave a much-discussed TED talk, where he explained that the middle class is the engine of our economy, meaning that middle class workers, not the very wealthy, are America’s true job creators—a claim supported by new analysis from the Center for American Progress’s Heather Boushey and Adam Hersh. Meanwhile, a new book being released in two weeks by Edward Conard, former Bain Capital partner of presumptive GOP presidential nominee Mitt Romney, argues that the enormous and growing income inequality in the United States is a sign that the economy is working—and that even greater inequality would be better.

At the event, the National Journal’s Jim Tankersley will moderate a discussion with Nick Hanauer, CAP Action’s president Tom Perriello, and senior economist Heather Boushey on these competing economic visions and their implications for the 2012 elections.

WHO:
Introductory Remarks:

Neera Tanden, Counselor to the Center for American Progress Action Fund and President of the Center for American Progress

Featured presentation:
Nick Hanauer
, Partner, Second Avenue Partners

Featured speakers:
Heather Boushey
, Senior Economist, Center for American Progress Action Fund
Nick Hanauer, Partner, Second Avenue Partners
Tom Perriello
, President and CEO, Center for American Progress Action Fund

Moderated by:
Jim Tankersley
, Economics Correspondent, National Journal

WHEN:
May 31, 2012, 12:30pm – 1:30pm
A light lunch will be served at 12:00 p.m.

WHERE:
Center for American Progress Action Fund
1333 H St. NW, 10th Floor Washington, DC 20005
 
RSVP:
To confirm your attendance, please contact Katie Peters at KPeters1@americanprogressaction.org or 202.741.6285.


Related Resource from CAP:

The American Middle Class, Income Inequality, and the Strength of Our Economy: New Evidence in Economics, by Heather Boushey and Adam S. Hersh

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