Complete video at: http://fora.tv/2008/01/30/Annual_Bank_of_America_Economic_Forecast
Tom Campbell, Dean of UC-Berkeley's Haas School of Business, examines causes for the recent slowing down of the U.S. economy.
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The Annual Bank of America Walter E. Hoadley Economic Forecast with Tom Campbell.
As we enter 2008 with a volatile stock market and a real estate crisis, what's essential to know about the economy for the year ahead? Former member of Congress and Haas Business School Dean Campbell helps us navigate uncertain economic waters in the annual forecast - The Commonwealth Club of California
Tom Campbell is the thirteenth dean of the Haas School of Business, a position he has held since August 2002. He formerly held positions of US Congressman, California State Senator, Stanford University law professor, and, recently, California's Director of Finance.
In December 2004, Dean Campbell took a one-year leave of absence from the school after being appointed by Governor Arnold Schwarzenegger to be director of the California Department of Finance. He returned as dean of the Haas School in November 2005.
Prior to joining the Haas School in 2002, Dean Campbell was a law professor at Stanford University Law School for 19 years, beginning in 1983. He was elected five times to represent the Silicon Valley area of California in the United States Congress. Among his legislative achievements were authorship of the 1998 Food Bank Relief Act and the 2000 Peace Corps Reauthorization Act.
Campbell also was elected as a California state senator in 1993. During a two-year term, he earned ratings by the Sacramento-based "California Journal" as the most ethical state senator, the best overall senator and the state Senate's best problem solver.
If big U.S. corporation are moving to other countries, then they should be heavily taxed by the U.S. government, and any U.S. business that imports their products should be imposed higher import duties. In that way, American businesses competing for the same market has an advantage, and they should be given more incentives to stay at home. In one sense, American businesses are helping poorer nations to develop but it also affect the U.S. economy. The government must realize what's more important
tweezwanen 3 years ago 4
The ideals, values and morals that once made america the strongest, wealthiest and most admired nation in the world are generally no longer believed in or practiced in america.
fubecaman 3 years ago 3