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Martin Baily: U.S. Trailing in Expanding Middle Class

Martin Baily: Companies are attracted to growing economies and an expanding middle class and unfortunately, the U.S. is trailing in this regard. On October 1, the Initiative on Business and Public Policy at Brookings hosted a forum examining the key factors policymakers should consider in trying to attract global investment in America. President and CEO of Volkswagen Group of America Jonathan Browning gave the keynote address. He was followed by a panel including Assistant to the President and the Principal Deputy Director of the National Economic Council Jason Furman; Brookings Senior Fellow and Director of the Initiative on Business and Public Policy Martin Baily; Executive Director of SelectUSA Steven J. Olson; President & CEO of the Organization for International Investment Nancy McLernon; and New York Times columnist Eduardo Porter, who will served as moderator. More on this event at: http://goo.gl/YwahI
Length: 02:01

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