This week, Jason Furman, Principal Deputy Director of the National Economic Council, answered questions from 7&4 News and UpNorthLive.com readers on jobs and the economy. Look at some of the highlights below or see the full chat over at UpNorthLive.com. And learn more about how the American Jobs Act will increase jobs and improve the economy at WhiteHouse.gov/JobsAct.
Jason Furman, Principal Deputy Director of the National Economic Council, during a live chat with readers of UpNorthLive.com and 7&4 News on jobs and the economy.
Q: Eric Kane:
As the economic powers shift from West to East, how can Americans prepare?
A: Jason Furman, The White House:
Eric, that is probably the most important question facing our economy. America is still the #1 economic power in the world, with the best educated and trained workers, the best capital stock, and the best knowledge and technology. But we won't maintain this by staying on autopilot. One lesson is that we can't cut our way to prosperity and have to continue the research, education and infrastructure investments that have made us the #1 power in the world. We also have to tackle our challenges, like inequality and the budget deficit.
Fonte: White House