Arthur Brooks in the WSJ: A 47% solution for Romney

As the second presidential candidates debate draws near, American Enterprise Institute (AEI) president Arthur Brooks writes in the Wall Street Journal:

“Think of America in 2012 as an apartment building. In the penthouse, people are living pretty well—while the folks in the lower floors are getting flooded out. Unfortunately, the elevator hardly works anymore.  Mr. Obama's only solution is to throw rocks at the top floor. Mr. Romney needs to say how he intends to fix America's elevator.” 

Brooks points out that:

•    Median household income has fallen for five straight years

•    The true level of unemployment is still near 15%

•    The poverty rate is close to 12% and is not declining


He suggests three things:

•    The need to commit to an education system that serves kids, not rent-seeking adults.

•    A promise to fight for people of modest means who want to better their lives through hard work and private enterprise. At present, the government is working against them.

•    Family, community and work ethic matters. Because the “predictors of a happy, successful life are cultural,” go on the offense regarding the culture of family and work.

 

Arthur Brooks is the president of the American Enterprise Institute and the author of the New York Times best-seller The Road to Freedom: How to Win the Fight for Free Enterprise (Basic Books, 2012). He can be reached through danielle.duncan@aei.org (202.419.5213).

For help arranging an interview please contact:

TV Judy Mayka judy.mayka@aei.org / 202.862.4873

Radio Michael Pratt michael.pratt@aei.org / 202.862.5823

Print or Web Veronique Rodman vrodman@aei.org / 202.862.4871

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About the Author

 

Arthur C.
Brooks
  • Arthur C. Brooks is president of the American Enterprise Institute (AEI). He is also the Beth and Ravenel Curry Scholar in Free Enterprise at AEI.

    Immediately before joining AEI, Brooks was the Louis A. Bantle Professor of Business and Government at Syracuse University, where he taught economics and social entrepreneurship.

    Brooks is the author of 10 books and hundreds of articles on topics including the role of government, fairness, economic opportunity, happiness, and the morality of free enterprise. His latest book, “The Road to Freedom: How to Win the Fight for Free Enterprise” (2012) was a New York Times bestseller. Among his earlier books are “Gross National Happiness” (2008), “Social Entrepreneurship” (2008), and “Who Really Cares” (2006). Before pursuing his work in public policy, Brooks spent 12 years as a classical musician in the United States and Spain.

    Brooks is a frequent guest on national television and radio talk shows and has been published widely in publications including The New York Times, The Wall Street Journal, and The Washington Post.

    Brooks has a Ph.D. and an M.Phil. in policy analysis from RAND Graduate School. He also holds an M.A. in economics from Florida Atlantic University and a B.A. in economics from Thomas Edison State College.


    Follow Arthur Brooks on Twitter.

  • Assistant Info

    Name: Danielle Duncan
    Phone: 202.419.5213
    Email: danielle.duncan@aei.org

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