About Research Events Experts Newsroom Currency of Ideas
State of the State Conference 2002

Register Online Now

Panel Detail:
View Video Recording
View Slide Presentation
The Barbell Economy: Closing the Gap

2:55 PM - 4:00 PM

Moderator Bill Rosendahl, right, talks to panelists, from left, Assemblyman Dean Florez, Michael Bernick of the state Employment Development Department, James Rosser of Cal State Los Angeles and author Arianna Huffington.

Speakers:

Michael Bernick, Director, Employment Development Department, State of California

Dean Florez, State Assemblyman, Chairman of the Assembly Water, Parks and Wildlife Committee, Central Valley

William Frey, Senior Fellow, Milken Institute

Arianna Huffington, Syndicated Columnist and Author

James Rosser, President, California State University, Los Angeles; Chairman, California Council on Science and Technology


Moderator:

Bill Rosendahl, Vice President, Political Affairs, Adelphia Communications

Summary:

William Frey uses the term "barbell" economy to describe a situation wherein the very rich and very poor are clustered at the ends of the socio-economic spectrum, with an ever-diminishing middle class in between these extremes. His statistics showed that the gap between the "haves" and "have-nots" begins with education: Hispanics and African-Americans have high school dropout rates, while Caucasians and Asians tend more to graduate college. This phenomenon cuts across California′s geographic regions, and is also reflected in the rates of child poverty among those ethnic groups.

Dean Florez reinforced Frey′s findings and emphasized that political interests are keeping the state′s attention focused on urban areas rather than his constituency, the San Joaquin Valley. He called for more vocational education, high-speed rail and moving food processing industries closer to the agricultural growing areas in Central California.

Michael Bernick asserted that wage mobility in California is high, and "new middle class" jobs related to the technology industry are being created. He touted the state′s Career Ladders program as an initiative to increase the wage mobility of low-wage workers in many different sectors and industries. He rejected criticism that the political system is apathetic, claiming that his office is working with organized labor to upgrade job structure and looking for "what works."

James Rosser outlined the Critical Path, a state program to focus efforts on science and technology-oriented education, an area in which the United States lags behind other industrialized countries. He lamented the fact that most elementary school teachers in California are not qualified, and thus the schools are turning out too many students who are not prepared for higher education. He also drew a parallel with the global war on terrorism. "There is terrorism in every school in Los Angeles," he charged. "If we want to fight terrorism, let′s start in our schools."

Arianna Huffington remarked that clearly there is a lack of political will to grapple with the problems of education and poverty. She blamed entrenched lobbyist interests for blocking the necessary reordering of priorities.

 


2002 Conference Home
 
November 2013
November 3 - 5 , 2013
Partnering For Cures
New York City
View All Events
Global Conference 2013
Former Prime Minister Tony Blair, philanthropist Bill Gates and Strive Masiyiwa of Econet Wireless discuss advancing prosperity in Africa.
Recommend a speaker
Download Milken Institute Events Brochure
Our mission is to improve lives around the world by advancing innovative economic and policy solutionsthat create jobs, widen access to capital and enhance health.
About Us
  Careers
  Contact
  Download Annual Report
  FAQs
  Locations
  Our Team (Staff and Fellows)

Blog

Events
  Associates
  Conferences
     Global Conference
     State of the State
     Summits
     London
     California
  Forums
  Labs
  Young Leaders

Experts
Newsroom
  Latest News
  News Videos
  Press Releases

Research
  Centers
     Asia
     California
     FasterCures
     Financial Markets
     Israel Center

Initiatives

Publications
  Books
  Financial Innovations Labs
  Milken Institute Review
Amazon Apps
App Store
  Research Reports
  Viewpoints
  Search All Publications
Support MI
  Associates
  Donate
  Sponsorships
  Strategic Partners

Follow Us
  @Twitter
  Facebook
  YouTube
  Google+

Privacy Notice

Related Sites

  Celebration of Science
  Chairman's Corner
  Melanoma Research Alliance
  FasterCures
  Partnering For Cures

©2013 Milken Institute