Time/Date: Jun 27, 2024, 6-7:30 PM

Location: Hybrid Meeting – Zoom and in-person at the Asian American Resource Center: 8401 Cameron Road, Austin, TX

Speaker: Dr. Stuart Greenfield

Bio: Mr. Stuart Greenfield joined the State of Texas Comptroller Office in February 1977 and worked for three Texas Comptrollers of Public Accounts and other Texas state agencies.  Since retiring from the State in 2000, Stuart has taught economics at Austin Community College and the University of Maryland Global College.   He has also worked on various projects including preparing testimony on the dismal investment performance of ERS investments, analysis of the public sector pay in Texas relative to other states and researching the aging of the public sector workforce and its implications, and analyzing the fiscal condition of Texas.

He was born in Brooklyn NY and grew up in New Jersey. He went to University of Dayton and obtained a BS degree in Economics, then came to UT Austin to get his Ph.D. in Economics in 1975.

Abstract: Before looking into the Forecasters’ projection into 2024-2025, Mr. Greenfield will review the Post WWII period when US was the dominant economic power in the world. In 2023, US has four percent of the world population while accounting for 23 percent of the world’s Real Gross Domestic Product (RGDP). While we continue to be the world’s dominant country since the turn of the century, our economic growth rate has declined. Stuart will delineate the factors that are affecting the rate of change, and what we need to do to reverse the trend and keep up with the rest of the world or adjust to the new world of many developing country with much higher growth rate.