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The Federal Budget Deficit, the Fiscal Cliff, and the Southern CA Economy
Tuesday, September 25, 2012 from 3:00 PM to 4:00 PM (PDT)
Thank you for your registration!
You are now confirmed for the the webinar titled, The Federal Budget Deficit, the Fiscal Cliff, and the Southern California Economy."
Instructions for the Webinar
Registration URL: https://attendee.gotowebinar.com/register/1177504729802361344
The Presidential election will take place this year against the backdrop of uncomfortably high unemployment rates, slow recovery in the economy, and an ongoing federal budget deficit. What lies beyond the November election? The answer is the “fiscal cliff," referring to a set of tax increases and expenditure cuts that are scheduled to go into effect at the beginning of 2013, and which can potentially stall out the still sluggish economic recovery.
This informative, one-hour webinar with the LAEDC's Chief Economist Dr. Robert Kleinhenz will answer the questions:
- What is the Southern California “angle” on the budget deficit and the fiscal cliff?
- What is the likely impact of sequestration budget cuts on Southern California’s industries?
- Can we avoid going over the fiscal cliff?
Dr. Robert Kleinhenz will discuss the importance of these issues for Southern California residents and businesses, and explain how some companies are already preparing for the fiscal cliff.
Thank you, and we look forward to your participation!
L.A. County Economic Development Corporation
About the LAEDC - The LAEDC, the region’s premier economic development leadership organization, is a private, non-profit organization established in 1981 under section 501(c)(3). Its mission is to attract, retain, and grow businesses and jobs for the regions of Los Angeles County. Since 1996, the LAEDC has helped to retain or attract nearly 180,000 annual jobs in Los Angeles County with an estimated labor income, including wages and benefits, of nearly $10.8 billion. Taken together with the supported indirect and induced economic activity, a total of more than 400,000 annual jobs with labor income of more than $21 billion were impacted, accounting for an estimated $850 million in property and sales tax revenues to the County of Los Angeles.