Auburn received a lecture on financial planning and healthcare by the head of one of the most recognized financial publications in the world. \0x200B
Steve Forbes, editor-in-chief of Forbes magazine and champion of conservative politics made a show of force Friday, March 21, at the Auburn Arena.
As keynote speaker for the Auburn Conservatives For Tomorrow's second annual Spring Event, Forbes discussed at length topics ranging from the Affordable Healthcare Act to job-hunting in the present market.
"As for the [computer] glitch at the beginning, blame that on the Affordable Care Act," Forbes said, referring to an errant video preceding his introduction. "Everything goes wrong with that."
Forbes snuck in a few jabs at the Affordable Care Act throughout his speech, but took time to explain the conservative stance on universal healthcare and the future of a personalized treatment system.
The patient will soon be in complete control of their healthcare and be able to choose their doctors, healthcare providers and more, Forbes said.
At the center of Forbes' speech on monetary policy was the call to return to good, old-fashioned American ingenuity as an answer to a stagnant national economy and sluggish job market.
"I thought it was great," said Chris Huett, Senor in Mechanical engineering. "I agree with a lot of the points he made, it wasn't really what I was expecting but I liked it anyways. The idea of a flat tax, the last time I heard it I wasn't really sold but I guess I'll reinvestigate it now."
Human ingenuity can turn economics from the allocation of scarce resources to the creation of new resources, Forbes said.
"Free markets, if you allow them, also, always, if you don't interfere, will turn scarcity into abundance," Forbes said.
Forbes predicts that the national economy for the next five years will be considerably better than it was from 2009 to 2013, but it will take longer to reach pre-2009 levels because of the uncertainty of investing.
A lot of members in different fraternities and sororities are business," said Brian Rizzetta, senior in History and liaison between the Auburn Conservatives For Tomorrow and fraternity Phi Sigma Kappa. "Mr. Forbes was a TKE himself so he's part of the Greek community. "We want to get everybody out here because for those people going into the business world, he's one of the best at it and it's important that they learn from someone like him."
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