Advisor to Senator McCain Jack Kemp, Senator Obama's economic advisor Austan Goolsbee and Institute President Walter Isaacson discuss competing economic ideas from the two campaigns.
Austan Goolsbee is a member of the Council of Economic Advisers and the youngest member of the cabinet of President Barack Obama. Goolsbee is also serving as staff director and chief economist on the President's Economic Recovery Advisory Board.
Goolsbee was the Robert P. Gwinn Professor of Economics at the University of Chicago Booth School of Business. He was an economic adviser to Barack Obama's 2004 Senate race before becoming a senior economic adviser to Senator Obama's 2008 Presidential campaign.
He is a member of the panel of Economic Advisers to the Congressional Budget Office, a research associate at the National Bureau of Economic Research, and a research fellow at the American Bar Foundation. He is a Senior Economist to the Democratic Leadership Council and the Progressive Policy Institute. He is also a frequent contributor to the New York Times. He was recently a Fulbright Scholar and a recipient of an Alfred P. Sloan Fellowship.
His work focuses on the new economy, government policy, taxes, and technology.
Goolsbee was selected as one of Financial Times' six "'Gurus of the Future'/Best Under 40" (2005), named one of the Young Global Leaders at the 2005 World Economic Forum, and one of the 100 Global Leaders for Tomorrow at the 2002 World Economic Forum.
He was born on August 18, 1969, in Waco, Texas. He received his B.A. summa cum laude in economics from Yale University in 1991, his M.A. in economics from Yale University in 1991, and his Ph.D in economics from the Massachusetts Institute of Technology in 1995.
Walter Isaacson is the president and CEO of the Aspen Institute, a nonpartisan educational and policy studies institute based in Washington, DC. He has been the chairman and CEO of CNN and the editor of TIME magazine.
Jack Kemp is Founder and Chairman of Kemp Partners, a strategic consulting firm which seeks to provide clients with strategic counsel, relationship development, and marketing advice in helping them accomplish business and policy objectives.
From January 1993 until July 2004 he was co-director of Empower America, a Washington, D.C.-based public policy and advocacy organization he co-founded with William Bennett and Ambassador Jeane Kirkpatrick.
Mr. Kemp received the Republican Party's nomination for Vice President in August of 1996 and since then has campaigned nationally for reform of taxation, Social Security and education.
Prior to founding Empower America, Mr. Kemp served for four years as Secretary of Housing and Urban Development. He was the author of the Enterprise Zones legislation to encourage entrepreneurship and job creation in urban America and continues to advocate the expansion of home ownership among the poor through resident management and ownership of public and subsidized housing.
Before his appointment to the Cabinet, Mr. Kemp represented the Buffalo area and western New York for 18 years in the United States House of Representatives from 1971-1989. He served for seven years in the Republican Leadership as Chairman of the House Republican Conference.
Before his election to Congress in 1970, Mr. Kemp played 13 years as a professional football quarterback. He was captain of the San Diego Chargers from 1960-1962. He was also the captain of the Buffalo Bills, the team he quarterbacked to the American Football League Championship in 1964 and 1965, when he was named the league's most valuable player.
He co-founded the American Football League Players Association and was five times elected president of that Association. In 2005 Mr. Kemp was recognized by Sporting News as one of the Top 50 Best All Time Quarterbacks.