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Isaiah Breakfast with Dr. Allen Sinai

Sunday, September 8, 2019 8 Elul 5779

9:15 AM - 11:00 AMSocial Hall

 “Election Year Economics and Election Year Issues - Is the U.S. at a Crossroads?”

The economy is in the longest expansion ever and prosperity is here. How long can it last?

Defying numerous recession fears over this last decade, a chronologically old expansion still is functionally relatively young. Will prosperity be in-place for Election 2020? Will the longest equity bull market in history still be alive and kicking? And how will the election year economy, financial markets’ performance and prosperity affect Election 2020?

The economy and geopolitics are always key election year issues. “Peace and prosperity” are the tried and true deliverables for winning presidential elections.

Other issues, longer-run in nature and perhaps even more significant than the short-run, include:

  • maintaining and sharing prosperity
  • inequality
  • Washington dysfunction
  • which governance system is best, Democracy, Socialism, Populism or something else
  • technology and the changing economy
  • healthcare and medical costs
  • retirement costs and the aging population
  • global warming
  • rising federal budget deficits and debt
  • President Trump and the future of America and its role in the world

The realism and coming reality for the longer-run challenges have been reasons for so much gloom when the state of the economy should be grounds for much cheer. The crossroad for the economy is whether the expansion will be coming to an end! The crossroad for America is whether the election will bring effective actions on the longer-run problems.

This time around, in 2019 and 2020, as well as for the Election Year Aftermath, much more than the current state-of-things are up in the air. Near-term prosperity is arrayed against critical longer-run issues that have put America and its way-of-life at risk.

Dr. Allen Sinai is Chief Global Economist and President of Decision Economics, Inc. (DE), an economic forecasting, advisory and money management firm located in Boston and New York. He is a long-time Lexington resident and Temple Member, a world-renowned economist and forecaster with a documented record of unparalleled forecasting accuracy spanning over four decades. This is his 40th annual appearance at a Temple Brotherhood Breakfast.

Allen has worked with and for a several financial institutions and businesses, has advised policymakers in Washington and globally, the U.S. Congress and various Administrations, both Republican and Democratic, on the economy, policies, strategy, and financial markets.

As a Professor, Allen has taught many Universities, including Brandeis, the Massachusetts Institute of Technology (MIT) and its Sloan School, Boston University, New York University, the University of Illinois-Chicago, and Northwestern University.

He has a B.A. Degree in Economics from the University of Michigan, with Honors, and holds a Ph. D. in Economics from Northwestern University. 

Talks in this series are sponsored by Brotherhood, and include a delicious buffet breakfast of assorted bagels, smoked salmon, pickled herring, whitefish salad, tabbouleh, desserts and more. Breakfast begins at 9:15 am. The presentation runs from 9:45 am to 10:45 am and is usually followed by a question and answer session. Admission is $10; free to Brotherhood members. For more information, email brotherhood@templeisaiah.net.

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Wed, December 11 2019 13 Kislev 5780