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  • [ INAUDIBLE DISCUSSIONS ]

  • >> THE MOST PLEASANT OF MY ALTERNATIVE ACTIVITIES

  • FOR TODAY IS TO INTRODUCE OUR PRESIDENT.

  • PRESIDENT PARA HAS HAD A LONG AND DEDICATED CAREER

  • AT CSULB FOR 12 YEARS.

  • HE WAS CHAIR OF THE DEPARTMENT OF MUSIC.

  • HE'S BEEN BOTH AN ASSOCIATE DEAN AND THE DEAN

  • OF THE COLLEGE OF THE ARTS.

  • HE SERVED AS BOTH INTERIM PROVOST AND PROVOST AND NOW,

  • HE IS OUR INTERIM PRESIDENT.

  • WE'VE BEEN VERY FORTUNATE TO HAVE DR. PARA

  • AS OUR PRESIDENT THIS YEAR AND MY SADDEST

  • OF MY ALTERNATIVE DUTIES TODAY IS TO KNOW

  • THAT THIS IS LIKELY THE LAST ECONOMIC FORUM

  • THAT HE WILL JOIN US FOR AS HE IS STARTING A MUCH DESERVED

  • RETIREMENT THIS SUMMER.

  • IF I TOOK TIME TO REVIEW EVEN JUST THE HIGHLIGHTS OF ALL

  • OF DON PARA'S CONTRIBUTIONS TO CSULB OVER THE YEARS,

  • WE WOULD BE HERE FOR SOME TIME.

  • SO, LET ME JUST SAY THAT FOR TWO DECADES,

  • WHEN THIS UNIVERSITY ASK DON PARA TO TAKE UP A NEW CHALLENGE

  • TO WAIT INTO A COMPLEX PROBLEM AND MOST RECENTLY

  • TO CSU SOME VERY DIFFICULT ECONOMIC TIMES,

  • HE NOT ONLY ACCEPTED THOSE CALLS BUT HE DID

  • SO WITH DEDICATION AND INSIGHT.

  • IT'S MY GREAT PLEASURE TODAY TO INTRODUCE THE PRESIDENT

  • OF CAL STATE LONG BEACH, DR. DONALD J. PARA.

  • [ APPLAUSE ]

  • >> THANK YOU FOR THAT VERY KIND INTRODUCTION, DAVID.

  • NOBODY DOES ANYTHING ALONE.

  • THERE HAS BEEN A GREAT TEAM OF PEOPLE WORKING

  • AT CAL STATE LONG BEACH FOR A LONG TIME.

  • AND ONE OF THE REASONS THAT IT WORKS IS

  • THAT WE HAVE A VERY SIMPLE REDIRECT MISSION AND THAT'S

  • ABOUT STUDENTS AND STUDENT SUCCESS, GRADUATING STUDENTS,

  • GETTING THEM UNDER THEIR LIFE, GETTING THEM INTO THE CAREER,

  • GETTING THEM TO GRAD SCHOOL, WHEREVER THEY'RE GOING TO GO.

  • THAT'S BEEN OUR FOCUS.

  • THAT'S BEEN OUR MISSION FOR A LONG TIME

  • AND I THINK THAT'S WHY WE SUCCEED AND I KNOW THAT'S WHY

  • THAT CAL STATE LONG BEACH IS A VERY SPECIAL PLACE

  • AND I HAVE BEEN HONORED TO BE THERE FOR 26 YEARS.

  • AND JUST BECAUSE I'M RETIRING DOESN'T MEAN I WON'T BE COMING

  • BACK TO THE ECONOMIC FORUM.

  • THANK YOU FOR BEING HERE IN THIS SECOND DAY OF SPRING.

  • I HAVE A DAUGHTER WHO LIVES IN CHICAGO.

  • IT'S THE SECOND DAY OF SPRING THERE BUT THEY DON'T KNOW IT

  • YET BECAUSE IT'S BEEN-- IT WAS BEEN A VERY TOUGH WINTER.

  • I'VE BEEN ATTENDING THESE FORUMS FOR MANY YEARS

  • AND ALWAYS LOOK FORWARD TO WHAT I LEARN ABOUT OUR LOCAL ECONOMY

  • AND THEN THE LARGER ECONOMY AND THE IMPACT THAT'S GOING TO HAVE

  • AND THE DECISIONS THAT WE ALL MAKE FOR THE FUTURE.

  • A GREAT CITY NEEDS A GREAT UNIVERSITY

  • AND A GREAT UNIVERSITY NEEDS A GREAT CITY.

  • WE HAVE THAT KIND OF REALITY IN LONG BEACH.

  • PART OF THIS PACKAGE, PART OF THIS PACKAGE WITH THE CITY

  • AND THE EDUCATION WHAT THIS IS,

  • THE LONG BEACH UNIFIED SCHOOL DISTRICT,

  • AN OUTSTANDING SCHOOL DISTRICT.

  • LONG BEACH CITY COLLEGE,

  • AN OUTSTANDING COMMUNITY COLLEGE AND THE UNIVERSITY.

  • WE'RE ALL FORTUNATE TO BE PART OF THIS COMMUNITY

  • THAT HAS THIS KIND OF COHESIVENESS AND THIS KIND

  • OF DIRECTION THAT WE ALL WORK TOGETHER

  • FOR THE BETTERMENT OF THE COMMUNITY.

  • THE RELATIONSHIP BETWEEN THE CITY OF LONG BEACH

  • AND THE EDUCATIONAL ENTITIES ALSO INCLUDES ONGOING

  • INTERACTION AND DIALOGUE.

  • A PART OF OUR PARTNERSHIP AND THIS IS GRADUATING STUDENTS

  • AND THROUGH OTHER EFFORTS THAT WE CREATE

  • TO SUPPORT THE LONG-TERM VIABILITY

  • AND VITALITY OF THIS COMMUNITY.

  • TWO NIGHTS AGO FOR EXAMPLE,

  • WE HAD A MAYORAL DEBATE ON OUR CAMPUS.

  • WE WERE VERY HONORED TO HAVE IT ON OUR CAMPUS.

  • SEVERAL OF THE CANDIDATES ARE HERE TODAY.

  • DOUG OTTO IS HERE.

  • BONNIE LOWENTHAL IS HERE.

  • [ APPLAUSE ]

  • AND IT WAS A VIGOROUS DEBATE.

  • IT WAS AN INFORMATIVE DEBATE AND IT--

  • LET'S JUST ALL KNOW HOW FORTUNATE WE ARE TO HAVE LEADERS

  • LIKE THOSE PEOPLE AND THE OTHER THREE WHO ARE

  • AT THE DEBATE IN OUR CITY.

  • WE WILL BE IN GOOD HANDS.

  • ALSO, THANKS TO THE LOS ANGELES NEWS GROUP AND THE PT,

  • OUR ASSOCIATED STUDENTS AND THE DEPARTMENT OF JOURNALISM

  • AND MASS COMMUNICATION FOR BEING THE ONES TO LEAD THAT EFFORT.

  • EFFORTS SUCH AS THE REGIONAL ECONOMIC FORUM HELP US

  • TO ANSWER QUESTIONS THAT ARE VITALLY IMPORTANT TO ALL OF US.

  • THESE QUESTIONS INCLUDE,

  • HOW DO WE ENCOURAGE MORE CSULB GRADUATES TO STAY

  • AND WORK IN LONG BEACH?

  • HOW CAN ENTITIES LIKE THE OFFICE

  • OF ECONOMIC RESEARCH PROVIDE EXPERTISE TO THE COMMUNITY WHILE

  • AT THE SAME TIME PROVIDING LEARNING OPPORTUNITIES

  • FOR OUR STUDENTS?

  • HOW DO WE, THE UNIVERSITY

  • AND THE COMMUNITY TOGETHER CREATE THE FOUNDATIONS

  • FOR A SUSTAINABLE GROWTH AND PROSPERITY FOR OUR AREA?

  • AMONG THE PEOPLE WHO PLAY KEY ROLES AND THE PARTNERSHIP

  • BETWEEN THE CITY AND UNIVERSITY

  • AND IN DRIVING UNIVERSITY FORWARD AND WORKING

  • WITH THE COMMUNITY IS DR. HEATHER STEPHENS

  • WHO YOU WILL HEAR FROM TODAY.

  • DR. STEVENS IS AN EXCELLENT EXAMPLE

  • OF A HIGHLY EFFECTIVE EDUCATOR

  • WHO IS ALSO A VERY VALUABLE RESOURCE FOR OUR COMMUNITY.

  • DR. STEVENS WILL LEAD OFF THE FORUM

  • WITH A REGIONAL ECONOMIC OVERVIEW PRESENTATION.

  • FOLLOWING THAT, WE ARE PLEASED

  • TO WELCOME THREE INDUSTRY EXPERTS

  • WHO WILL SHARE THEIR INSIGHTS INTO THE CURRENT ISSUES

  • IN THEIR INDUSTRIES AND THE IMPACT THEY WILL HAVE

  • ON OUR AREA.

  • THANK YOU TO NOELLE HACEGABA, DIANA HENDEL,

  • AND MARIO RODRIGUEZ FOR JOINING US TODAY.

  • [ APPLAUSE ]

  • DISCUSSION AND QUESTIONS FROM THE AUDIENCE WILL FOLLOW

  • AND THEN THERE WILL BE TIME

  • FOR INFORMAL DISCUSSIONS AND DIALOGUES.

  • WE VERY MUCH APPRECIATE YOUR CONTINUED SUPPORT OF THE FORUM

  • AND OF CAL STATE LONG BEACH,

  • A SPECIAL THANK YOU TO OUR SPONSORS.

  • WE HOPE YOU ENJOY THE PRESENTATIONS AND AGAIN,

  • THANK YOU FOR BEING HERE TODAY.

  • [ APPLAUSE ]

  • [ PAUSE ]

  • >> THE LAST OF MY ALTERNATIVE ASSIGNMENTS FOR TODAY IS

  • TO INTRODUCE DR. HEATHER STEPHENS

  • OF THE DEPARTMENT OF ECONOMICS.

  • DR. STEPHENS HAS HAD THE UNENVIABLE TASK OF FOLLOWING

  • IN THE FOOTSTEPS OF THE AMENABLE JOE MAGADDINO

  • WHO PRESENTED THE ECONOMIC FORECAST FOR YEARS

  • WITH THE KINDS OF ACUMEN AND THE PLUM

  • THAT REALLY CAN'T BE DUPLICATED.

  • AND HEATHER HAS WISELY DECIDED NOT TO DO THAT.

  • ALTHOUGH, AS-- IF YOU WERE HERE LAST YEAR,

  • YOU SEE THAT THE APPROACH SHE HAS TAKEN AND THE ANALYSIS

  • THAT SHE BRINGS-- THAT SHE'S REALLY MORE THAN CAPABLE

  • OF FILLING THOSE RATHER LARGE SHOES.

  • I'VE BEEN DELIGHTED WITH THE WAY THAT DR. STEPHENS HAS WORKED

  • TO ENSURE THAT THIS EVENT AND THE ANALYSIS

  • THAT INFORMANT RESPOND TO THE PARTICULAR COMMUNITY

  • AND BUSINESS CONCERNS THAT THIS ASSEMBLED GROUP REPRESENTS.

  • UNFORTUNATELY, I HAVE TO BID YOU FAREWELL AT THIS POINT

  • TO GET BACK TO THE UNIVERSITY ABOUT 100

  • OF MY FACULTY I'M MEETING RIGHT NOW AND THOSE OF YOU

  • WHO RUN BIG GROUPS, NO, YOU DON'T LEAVE A GROUP

  • LIKE THAT ALONE FOR VERY LONG.

  • [ LAUGHTER ]

  • HOWEVER, I'M VERY HAPPY TO LEAVE YOU IN THE VERY CAPABLE HANDS

  • OF DR. HEATHER STEPHENS.

  • THANK YOU.

  • [ APPLAUSE ]

  • [ PAUSE ]

  • >> ALTHOUGH, OF COURSE, PEOPLE FROM THE DEPARTMENT

  • OF ECONOMICS WILL NOT BE AT THAT MEETING, DAVID [LAUGHS].

  • SO, THANK YOU, DEAN WALLACE AND THANK YOU, PRESIDENT PARA.

  • I REALLY APPRECIATE YOUR SUPPORT AND THE SUPPORT OF OTHER PEOPLE

  • FROM THE UNIVERSITY FOR THIS EVENT.

  • WELCOME TO THE 2014 CSULB REGIONAL ECONOMIC FORUM.

  • TODAY, WE'RE GOING TO TALK ABOUT WHAT IS HAPPENING

  • WITH THE GREATER LONG BEACH ECONOMY AND WE'RE GOING TO HEAR

  • FROM THE PANEL A DISTINGUISHED LOCAL INDUSTRY EXPERTS

  • THAT DR. PARA MENTIONED TO YOU.

  • BUT BEFORE I BEGIN, I THINK I WANT TO START

  • BY THANKING THE MANY PEOPLE WHO CONTRIBUTED

  • TO MAKE TODAY'S EVENT A SUCCESS.

  • FIRST, I WANT TO START

  • BY THANKING THE ADMINISTRATIVE STAFF

  • IN THE DEPARTMENT OF ECONOMICS.

  • I DON'T KNOW IF DIANE WHO IS AT THE BACK CAN HERE ME

  • BUT DIANE GOT HERE EVEN BEFORE I DID THIS MORNING AND BETWEEN HER

  • AND CERISE [ASSUMED SPELLING] SIMPLY COULD NOT HAVE PULLED OFF

  • THE LOGISTICS OF TODAY'S EVENT.

  • I ALSO WANT TO GIVE A STRONG THANKS AND ACKNOWLEDGEMENT

  • TO THE SUPPORT AND HELP FROM SMG AND THE LONG BEACH CONVENTION

  • AND ENTERTAINMENT CENTER ESPECIALLY

  • AND INCLUDING SAVOR AND THE PROJECTIONS.

  • THEY TOO ARE THE ONES MAKING THIS EVENT FLOW SMOOTHLY.

  • I ALSO WANT TO ACKNOWLEDGE THE CONTRIBUTIONS

  • OF BEACON ECONOMICS WHO CONTRIBUTED THE ANALYSIS

  • THAT YOU CAN SEE IN YOUR FOLDERS ABOUT COMMUTING PATTERNS

  • AND ALSO THAT I WILL TALK ABOUT IN TODAY'S PRESENTATION.

  • I WANT TO THANK DEAN WALLACE AND THE COLLEGE

  • OF LIBERAL ARTS EVEN THOUGH HE HAS LEFT.

  • MY DEPARTMENT OF ECONOMICS COLLEAGUES,

  • SEVERAL OF WHOM ARE HERE SITTING IN THE AUDIENCE WITH YOU.

  • ANNETTE KONIECZKA [ASSUMED SPELLING],

  • A SENIOR ECONOMICS MAJOR WHO HELPED ME WITH MUCH

  • OF THE ANALYSIS THAT I WILL PRESENT TO YOU

  • AND SIMPLY I COULD NOT HAVE GOTTEN ALL TOGETHER

  • IN TIME WITHOUT HER HELP.

  • I ALSO WANT TO THANK ALL OF THE OTHER STUDENT VOLUNTEERS

  • WHO WERE HERE GREETING YOU, CHECKING YOU IN

  • AND WHO ARE NOW SITTING AMONG YOU TODAY,

  • ALSO HOPEFULLY INTERESTED IN SEEING WHAT I'M GOING TO SAY.

  • BEFORE I START THOUGH, I ALSO NEED TO TALK ABOUT THE SPONSORS.

  • ALL OF YOU WHO CAME TODAY, WE COULD NOT DO THIS EVENT

  • WITHOUT YOUR FINANCIAL SUPPORT.

  • SPECIAL THANK YOU TO OUR PLATINUM AND GOLD SPONSORS,

  • THE PORT OF LONG BEACH, BEACON ECONOMICS, LONG BEACH CONVENTION

  • AND VISITORS BUREAU, THE DOWNTOWN LONG BEACH ASSOCIATES,

  • LA COUNTY SUPERVISOR DON KNABE AND MOLINA HEALTHCARE.

  • THANK YOU TO ALL OF YOU.

  • [ APPLAUSE ]

  • AND THEN THE MANY PEOPLE WHO SPONSORED AT THE SILVER LEVEL

  • BUT I WOULD BE HERE FOR A WHILE LISTING ALL OF THEIR NAMES.

  • LAST YEAR AT MY FIRST REGIONAL ECONOMIC FORUM,

  • I HONORED THE TRADITION OF JOE MAGADDINO BY PICKING A MOVING

  • TO KICK OFF MY PRESENTATION.

  • FOR THOSE OF YOU WHO HAD BEEN TO HIS PREVIOUS FORUMS,

  • HE HAD A WHOLE SLIDESHOW OF CURRENT MOVIES

  • AND LINKED THEM TO CURRENT EVENTS.

  • WELL, I DECIDED THAT REALLY WASN'T GOING TO BE MY APPROACH.

  • BUT LAST YEAR, I DECIDED TO DO A MOVIE AND SO THIS YEAR,

  • I'M GOING TO DO ONE AGAIN.

  • WHEN I WAS PREPARING MY PRESENTATION,

  • I NOTICED THAT THERE WAS A MOVIE COMING OUT,

  • THE "NEED FOR SPEED."

  • AND IT'S OUT AND I LIKED AARON PAUL IN BREAKING BAD

  • BUT I'M NOT GOING TO SEE THIS MOVIE.

  • IT LOOKS REALLY STUPID TO ME.

  • [ LAUGHTER ]

  • WHEN I THOUGHT THE TILE AND THE TOPIC

  • OF THE MOVIE WAS REALLY RELEVANT FOR TODAY.

  • FIRST, WE HAVE THE UPCOMING GRAN PRIX.

  • AND AS MANY OF YOU SAW WHEN YOU CAME IN,

  • THE BARRICADES ARE ALREADY UP AND WE ACTUALLY--

  • THAT'S WHY WE HAD TO SEND YOU THAT SORT OF CIRCUITOUS ROUTE

  • TO GET TO THE BALLROOM TODAY.

  • OBVIOUSLY, THERE'S A LOT OF EXCITEMENT ABOUT THAT STARTING

  • AND I UNDERSTAND THE AIRPORT GOT ITS CAR THIS WEEK AS WELL

  • AND IT'S NOW SITTING INSIDE THE AIRPORTS.

  • THE NEXT YOU FLY OUT, YOU MIGHT SEE IT THERE.

  • AND OBVIOUSLY, THERE'S THE DEBATE

  • ON WHETHER THE FORMAT AND--

  • IS GOING TO CHANGE AND THERE'S BEEN SOME DELAY ON THAT

  • BUT GRAN PRIX IS ON PEOPLE'S MINDS IN LONG BEACH.

  • AND SECOND OF ALL BECAUSE THE NEED--

  • BECAUSE THAT'S WHAT THE ECONOMY NEEDS.

  • IT NEEDS A LITTLE BIT MORE SPEED

  • BECAUSE WELL, WE'RE DOING BETTER.

  • RECOVERY IS STILL A LITTLE BIT SLOW.

  • SO, HOPEFULLY, OUR DISCUSSION TODAY WILL CONTRIBUTE

  • TO A GREATER DISCUSSION ABOUT THE GREATER LONG BEACH ECONOMY

  • AND HOW WE CAN COME TOGETHER AND CAPITALIZE ON AREA--

  • ON WAYS TO MAKE THINGS GROW FASTER WHILE MINIMIZING

  • ROADBLOCKS THAT WILL MAKE IT HARD FOR US

  • TO ACHIEVE THAT SPEED.

  • SO, LET'S GET STARTED.

  • BEFORE WE CAN TALK ABOUT LONG BEACH, WE HAVE TO TALK

  • ABOUT THE SETTING THAT WE ARE OPERATING IN.

  • CLEARLY, WE ARE OPERATING IN A