Seminars at Steamboat lecture Thursday to focus on economy |

Seminars at Steamboat lecture Thursday to focus on economy

— Belle Sawhill claims Seminars at Steamboat's next speaker is unique in his field of work.

"Most economists don't speak English, but Bob Reischauer does," Sawhill said about her friend and former colleague. "An economist's subject matter can be dense and theoretical. But he has such a down-to-earth way of communicating."

Reischauer, the former director of the Congressional Budget Office, will deliver the third installment of the free lecture series at 5 p.m. Thursday at Strings Music Pavilion. Tickets will be distributed at 4:15, and doors open at 4:30 p.m.

Reischauer's speech will focus on the challenges America faces with its budget and how that budget can be fixed without undermining an economic recovery, according to a news release.

Sawhill, one of Seminars’ founders, said Reischauer also is expected to address some of the tough fiscal choices the country soon will have to make to fix social programs, such as Social Security, that are running out of money.

"In this new fiscal reality, something has to be sacrificed," Sawhill said. "People are going to have to work longer, pay more for health care or we're all going to have to pay higher taxes. And we're probably going to have to, over time, make the health care system more effective."

Recommended Stories For You

She added that Reischauer is well-versed to talk about those choices.

“He's extremely well-respected and very knowledgeable about budgets and social insurance programs," she said. "He's also very funny. You get the unvarnished truth from Bob, often with a little humor mixed in."

Reischauer was the president of The Urban Institute until earlier this year. The public lecture series concludes Aug. 13 with a speech by Richard Murray, a professor of political science and the director of survey research at the University of Houston. Murray will talk about the 2012 presidential election.

His talk will be followed a week later by the Seminars' 10th Anniversary Dinner on Aug. 20 at the Sheraton Steamboat Resort featuring speaker David Wessel, The Wall Street Journal's economics editor.

To reach Scott Franz, call 970-871-4210 or email

Go back to article