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President & CEO, Wayne Schell testifies at the Assembly Committee on Jobs, Economic Development and the Economy hearing on August 23, 2011

Chairman Manuel Perez,

Chairman Perez, members of the committee and staff, my name is Wayne Schell and I am the president & CEO for the California Association for Local Economic Development (CALED). CALED is 900+ association of professional job development organizations. Thank you for the opportunity to address this oversight hearing on the California infrastructure and economic development bank better known as the I-Bank.

A broad based coalition including the League of California Cities, California Redevelopment Association, California Alliance for Jobs, California Police Chiefs and Fire Chiefs Associations, California Transit Association, and dozens of local chambers of commerce, organized labor, transportation advocates and local governments are working to qualify the Local Taxpayer, Public Safety, and Transportation Protection Act for California's November statewide ballot.

Wayne Schell testified on March 17, 2009 at the California's Economic Recovery: Charting a New Path Forward held by The Assembly Committee for Jobs, Economic Development and The Economy. Below is the testimony

Members of the legislature my name is Wayne Schell and I am the President & CEO of the California Association for Local Economic Development.

Wayne Schell, President and CEO of the California Association of Local Economic Development (CALED), received a request from an Obama transition team leader to gather a group of stakeholders to present policy and tactical recommendations on infrastructure and job creation to the Obama team in Washington, D.C.

An effective stimulus package should raise demand in the "short run" while improving the capacity of the economy to supply goods and services in the long run. We need to focus on those hardest hit by the down turn while at the same time tackling long-standing infrastructure need. This tactic will have a larger impact on the economy, on a dollar for dollar basis. We should put a high priority on pushing out and leveraging programs and resources already in place i.e. money that people can soon pump back into the economy by a quick increase in government spending.

CALED President & CEO Testifies at JEDE Committee Hearing on August 23, 2011

CALED & National Leaders Make Stimulus Recommenations to Obama Transition Team

Wayne Schell recently testified at the Economic Development Summit held by the Latino Legislative Caucus on the  Economic Stimulus. Below is the testimony that Wayne Presented.

Frequently Asked Questions About Economic Development

What is Economic Development?