Classified spending and the economy

Thursday - 5/23/2013, 6:21pm EDT

Capital_Impact_0523

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This week on BGOV's Capital Impact show hosted by Allen Scott:

  • The $516.3 billion the federal government spent on contracts for goods and services in fiscal 2012 doesn't include tens of billions of dollars it spent on activities that range from intelligence operations and analysis across half a dozen departments to the procurement of classified equipment, mostly for the Pentagon. BGOV Senior Defense Analysts Dr. Kevin Brancato and Robert Levinson discuss what we know about secret contracting in a time of austerity.

  • What is the future of the economy? The latest jobs report boasts over 100 thousand new positions, but is that enough and are they the right kinds of jobs to assist an economic rebound? Senior Economic Analyst Dr. Nela Richardson dissects the jobs report on this weeks Capital Impact.

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GUEST BIOGRAPHIES

Allen Scott (moderator) specializes in customer on boarding and training at Bloomberg Government. Allen previously worked at Arbitron, Inc. where he served in a variety of roles from customer service to sales operations manager. Prior to Arbitron, Allen worked in radio for several years in the Washington and Baltimore areas. Most recently he spent six years at 99.1 HFS as co-host and news director.

Kevin Brancato is a defense analyst at Bloomberg Government. Before joining Bloomberg, he was a management scientist at the RAND Corporation, where he analyzed weapon system costs and defense manpower policies. He received a B.A. in math from Columbia University and a Ph.D. in economics from George Mason University.

Robert Levinson is a defense analyst at Bloomberg Government. He is a retired Lieutenant Colonel in the United States Air Force with more than 20 years of service. Levinson worked for Booz Allen Hamilton as a strategic communications consultant. He has a bachelor's degree from the United States Air Force Academy and a masters from the University of California, San Diego.

Nela Richardson is an economic analyst with Bloomberg Government. She was a research economist at the Commodity Futures Trading Commission before joining Bloomberg. Richardson was also a senior economist at Freddie Mac, a researcher at Harvard's Joint Center for Housing Studies, and an adjunct professor of finance at Johns Hopkins. Richardson has a Ph.D. in economics from the University of Maryland, a M.A. from the University of Pennsylvania, and a B.A. from Indiana University.