HCC Fall Luncheon with Daniel Cunningham
Opm'99, Advanced Leadership Fellow'13, KSG'16
The Newer Deal: How To End The US Economic Growth Drought So That ALL Americans Benefit.
October 18, 2016, University Club at noon. $25 per person.
Click here to buy tickets!!!
-OR- Non-Harvard guests can contact Lori Nuckolls immediately to make a walk-in reservation: Nuckolls@BlankRome.com or 513-362-8726.
Bring a check in the amount of $25.00 payable to Harvard Club of Cincinnati
Please join us for this vitally important and timely presentation, including a Q&A discussion, focusing on how our country can move forward from its present underperforming economic state into a brighter future for all.
America is in the midst of a decade long economic growth drought. For thirty years, between 1975 and 2005, our country’s growth rate over was 3% per year. But for the last ten years, 2005 to 2014, our growth rate was halved to a miserly 1.6%
Today, the majority of Americans are no longer in the middle class; the middle class that we knew is gone. And income inequality-is getting worse.
This low growth is making Americans angry, and exacerbating social problems. Conflict is becoming more prominent in daily American life, in part because Americans are worried that there must be winners and losers, rather than shared prosperity for all. Increasing economic growth is a moral imperative, as the most vulnerable members of American society are most greatly affected by the US economic growth drought.
Solutions to end this growth drought are as numerous as US voters. Broadly speaking, many potential economic growth drought solutions fall into the four areas of government investments in education, infrastructure, tax fairness, and smart regulation streamlining. These solutions, provided by individual “solution providers,” are often heartfelt. When their solutions are not embraced by political leaders and the general public, these concerned citizens often become disappointed and upset, sometimes enraged, and the growth drought continues.
Dan Cunningham has given over a hundred presentations to businesses, governments, and universities on this subject. He found out that business and universities embraced his ideas. However, top political leaders and policy makers hesitated because they were unsure whether or how to begin a long term investment, as their term of office had a shorter time horizon than long term solutions investments require.
Dan will be discussing a way forward that includes aligning all Americans, including solution providers and top political leaders, to end the US economic drought. We have done it before as a country, and we can do it again.
Daniel B. Cunningham is a leader-advocate for increasing the US economic growth rate so that all Americans share in the benefits of growth, not just a few at the top.
Since 1998, he has been CEO of The Long-Stanton Group, a business begun by his family in 1862 in Cincinnati, during the American Civil War. Awards won by Long-Stanton under his tenure include Family Business of the Decade and three Manny Awards, for New Product Development, Biggest Breakthrough, and the Hall of Fame Leadership Award.
Mr. Cunningham was a Director of the Federal Reserve Bank of Cleveland, Cincinnati Branch. In 1999, Mr. Cunningham graduated from the Owner President Management (OPM) program at Harvard Business School. Mr. Cunningham was named a 2013 Advanced Leadership Fellow at Harvard University, where he studied how to re-ignite US economic growth for the benefit of all Americans. Mr. Cunningham is a 2016 graduate of the Harvard Kennedy School, where he studied political economy, with a focus on politics and policies for economic growth, earning a Master in Public Administration degree.
To support his work in increasing US economic growth, he is an avid student of the effectiveness of financial services, and the economics and fairness of global trade. Mr. Cunningham is additionally interested in how market based electricity is regulated.