URL: https://digitalcollections.hoover.org/objects/60193
Collection Structure Commonwealth Club of California records >  Sound recordings of club programs >  Where Are We Heading?
Item Title Where Are We Heading?
Collection Title Commonwealth Club of California records
Speaker Hoadley, Walter E. (Walter Evans) (1916-2003)
Date Created January 04, 1991
Description Hoadley appraises the economic condition of the United States. To answer the title of the talk, he says the country is heading nowhere in the short-term, and that the country is in the process of a massive correction. He offers five conclusions he's come to and spends the talk explaining them. First, there will be a few years of flat economic performance. Second, the country is deeply in a recession. Third, he offers numbers of zero growth, 5.5% inflation, 6.5% unemployment, and lower interest rates. Fourth, he says resolving major issues is needed for growth. Fifth, America needs to do something about poverty and homelessness. After running through these concepts, he adds a sixth conclusion, that America should not panic. Hoadley's biography includes: Executive vice president and chief economist, Bank of America NT&SA, San Francisco, 1968-81; senior research fellow, Hoover Institution, 1981-2003; president, Commonwealth Club of California, 1987; author, "Looking Behind the Crystal Ball," 1988.
Language(s) English
Format Sound Recording
Medium speeches (documents)
Hoover ID 2003c87_a_0003451
Record Number 2003c87.5901
Collection Guide https://oac.cdlib.org/findaid/ark:/13030/kt3g5032c1
Rights Used with permission of the Commonwealth Club of California.This copy is provided for educational and research purposes only. No publication, further reproduction, or reuse of copies, beyond fair use, may be made without the express written permission of the copyright owner.