Skip to main content

Secondary navigation:

Carroll School of Management

Steve Forbes

President and Chief Executive Officer, Forbes,
Editor-in-Chief, Forbes magazine



Fixing the U.S. Economy


On Tuesday, February 2, Steve Forbes, president and chief executive officer of Forbes, and editor-in-chief of Forbes magazine, told attendees at the Chief Executives' Club of Boston that the economic crisis was avoidable, and offered solutions to get the economy back on track: "Make a few positive changes, profound but simple. The dollar, tax code, opening up health care to the entrepreneurial free enterprise." John Fish, president and chief executive officer of Suffolk Construction, introduced Forbes

TAKE AWAYS

“The most immediate thing Washington should do today ... is [to] have a strong and stable dollar.” VIEW TRANSCRIPT AND VIDEO »

“In terms of entitlements, [a pro-growth tax code] is how we get ourselves out of this mess. I'm an advocate of ... taking this 9.5 million-word tax code, throwing it out, and putting in a single rate. And ... on the business side, cut the rate to 17 percent.” VIEW TRANSCRIPT AND VIDEO »

“How do we dig ourselves out of this [deficit] hole? I think we take a cue from the early 1980s, when we last had a mess like this … and that is, the balance sheet.”VIEW TRANSCRIPT AND VIDEO »

“Health care, why is it a crisis? Long story short, it's the crazy way we finance it. It's all third party. You don't get the normal kind of productivity in the marketplace ... because the consumer isn't in charge of the assets.” 
VIEW TRANSCRIPT AND VIDEO »

PRESS COVERAGE

MarketWatch: “Forbes: Paid online content can't supplant ad revs”
READ ARTICLE »

Wall Street Journal: “Forbes: Paid Online Content Can't Replace Ad Revenues”
READ ARTICLE »

Boston Herald: “‘Agitator’ Steve Forbes slams Fed, Obama for crisis” READ ARTICLE »

 event photos
cga_ceo_forbestable

Speaker's Table, clockwise from bottom right: Robert Kraft (Owner, New England Patriots), Ronald Logue (Chairman & CEO, State Street), Mike Sheehan (Chief Executive Officer, Hill Holliday), David Barrett (President & CEO, Lahey Clinic), Robert Popeo (Chairman, Mintz Levin), Fr. J. Donald Monan (Chancellor, Boston College), Thomas May (Chairman, President & CEO, NSTAR), Christopher Mayer (Publisher, Boston Globe), Eric Slifka (President & CEO, Global Partners), Patrick Prevost (President & CEO, Cabot Corp.)

cga_ceo_forbespress

Members of the media gather around Mr. Forbes following his remarks.