New America Events This Month

While the President signs into law a $152 billion stimulus package to jumpstart the economy, millions of Americans continue to rack up consumer debt, watch their home values slide, and worry about their futures with little to no savings. In fact, even with stimulus checks on the way to promote consumption, Americans are focusing on the need to rein in their debt and save more. A recent Harris Interactive poll found that when it comes to using the… more

The New America Foundation welcomed Steffen Kampeter from the Budget Committee of Germany’s Bundestag for a discussion of the far-reaching effects of the American sub-prime mortgage crisis and the subsequent breakdown of financial markets.  Patrick Doherty, Deputy Director of the American Strategy Program, moderated the session. Herr Kampeter briefed attendees on the general state of economic affairs in Germany and throughout the European Union, along with the European reaction to the sub-prime crisis.  He stated that in… more