Shaun Donovan

Architecture of the American Economy: Policies to Drive Economic Growth and Our Competitiveness

Ben White, Shaun Donovan, Alan Schwartz, Mark Weinberger

Key figures from Guggenheim Partners and EY analyzed the U.S. economy's projected 1% Q1 growth, highlighting the tension between a record job streak and persistent middle-class wage stagnation amidst structural headwinds like an aging demographic. The discussion detailed the administration's proposed fiscal strategies to lift sequestration and the critical case for Trade Promotion Authority to prevent China from setting global trade rules. Furthermore, experts debated the risks of secular stagnation and deflation while examining specific tax reform pillars designed to repatriate overseas earnings and fund a $240 billion infrastructure package through corporate rate reductions.