WHAT: National speaker, Dr. Andrew Biggs, will explore the challenges and opportunities presented by the looming “fiscal cliff.” The term “fiscal cliff,” was first used by Federal Reserve Chairman Ben Bernanke when he warned of the harm that the American economic recovery would face if Congress does not act. Bernanke argued November 20, 2012, that fears about the cliff are already causing uncertainty in financial markets and possibly damaging growth. Particularly hard hit would be the Department of Defense, from which 45% of Hampton Roads’ economy is derived.
The Chamber’s Hampton Roads Business Brief has gained status as one of the leading local programs on economic issues and is a key forum for elected officials, municipal, community and business leaders to discuss economic drivers in Hampton Roads. In its fifth year, this annual event focuses on a different key element in our economy each year. From the impact of the port, our military and our nation’s economic health, the annual Business Brief has provided the business community with insight on the status and future of our economic assets in Hampton Roads.
WHO: Keynote speaker is Dr. Andrew G. Biggs, resident scholar at the American Enterprise Institute in Washington. Prior to joining AEI he was the principal deputy commissioner of the Social Security Administration (SSA), where he oversaw SSA's policy research efforts and led the agency's participation in the Social Security Trustees working group. In 2005, he worked on Social Security reform at the National Economic Council and in 2001 was on the staff of the President's Commission to Strengthen Social Security. He holds a Bachelors degree from the Queen's University of Belfast, Masters degrees from Cambridge University and the University of London and a Ph.D. from the London School of Economics.
WHEN: Wednesday, January 9, 2013
Registration 7:45am, Program and Breakfast 8:00- 9:30am
WHERE: The Founders Inn and Spa
5641 Indian River Rd., Virginia Beach
TO ATTEND: Go to http://Events.HamptonRoadsChamber.com for more information, or
contact Shirley Core at 757-622-2535.
Cost: $40 Chamber Members; $55 Prospective Members
About the Hampton Roads Chamber of Commerce (www.HamptonRoadsChamber.com)
The Hampton Roads Chamber of Commerce is a not-for-profit, member-based business organization. The Chamber is a vigorous advocate for the economic success of its nearly 2,000 member businesses, which employ more than 280,000 men and women in southeastern Virginia. The Chamber promotes Hampton Roads’ healthy business climate through economic development, public policy initiatives, services and benefits to members. The Chamber is dedicated to creating economic opportunity and enhancing the quality of life in Hampton Roads.