Great Economic Forum

Mssrs. Jim Wolfensohn, Bob Grady and Paul O'Brien presented their candid views on a variety of questions from Ted Ladd. The great questions from Ted and from the audience included: whether there would be a "double dip" recession, will the Euro hold on in Europe, will anybody listen to the results in the soon to be published Brooks/Simpson report, what will it take to increase lending to small business, and what is the long run impact of climate change. The answers were great guidance for thinking on all the subjects and others. The forecast for the future was a growth rate of 2 to 2.5% and unemployment somewhere under 7%. The panel split on the inflation rate with views from 1-1.5% to 5-6%. The Rotary Club of Jackson Hole and the Jackson Hole Chamber of Commerce wish to thank you gentlemen for a great panel. We also owe a "thank you" to Ted Ladd for organizing and moderating the panel.