Chairman Schweikert's Opening Statement | JEC Hearing on March 18, 2026

Joint Economic Committee · March 18, 2026

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Opening: unified theory of economic growth

Presentation

0:06 → 0:25(20s)

Chair Schweikert said the committee is attempting to develop a unified theory of economic growth, ranging from regulatory reform to adoption of technology and efficiency gains. He framed the hearing as addressing how to "do things better, faster, cheaper."

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Chair Schweikert opened a Joint Economic Committee hearing focused on how U.S. population and skills trends — including low fertility and slow population growth — affect economic growth, citing preliminary annual population growth of about 400,000 and a fertility rate of 1.59. He emphasized concerns about an aging workforce and introduced further speakers.

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Transcript

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