ECONOMIC GROWTH

America's Debt Problem (Dec 2015)

How Private Debt Is Holding Back Growth and Hurting the Middle Class

"America's Debt Problem: How Private Debt is Holding Back Growth and Hurting the Middle Class" by Joshua Freedman and Sherle R. Schwenninger was presented at the World Economic Roundtable at New America in December 2015. 

It is an updated version of a report originally published by New America's Economic Growth Program in June 2014.

ATTACHMENT:

America's Debt Problem (Dec 2015)

Authors:

Joshua Freedman was a research fellow with the Economic Growth Program at New America.

Sherle R. Schwenninger directed New America's Economic Growth and American Strategy Programs. He was founding director of the World Economic Roundtable, a program that brought together thought leaders from business, finance, and public policy in regular meetings to remap the global economy after the Great Recession.