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America’s Debt Problem: How Too Much Debt is Hurting U.S. Households and Holding Back the U.S. Economy

Thursday, June 9, 2016 - 6:00pm

World Policy Institute is hosting its next World Economic Roundtable, a panel discussion on “America’s Debt Problem:  How Too Much Debt is Hurting U.S Households and Holding Back the U.S. Economy.”  This event is being held in cooperation with the Center for Household Financial Stability at the Federal Reserve Bank of St. Louis, the Private Debt Project of the Governor’s Woods Foundation, and The Century Foundation.

For many households in America, debt has reached a tipping point. Debt has gone from being a positive contribution to household financial well-being to a threat to household financial stability. And what is true for many households has also become true for the economy. This discussion will focus on the problem of household debt, how it interacts with the income and asset side of the household balance sheet, and what effects it has on the household financial stability and the economy as a whole.

Panelists will include: Meta Brown, Federal Reserve Bank of New York; Barry Z. Cynamon, Center for Household Financial Stability; William Emmons, Center for Household Financial Stability; and Robert Hockett, Cornell Law School and The Century Foundation.

Please note this is a members only event. If you’d like to attend, please consider enrolling in the World Policy Membership Program today. 

The World Economic Roundtable is a joint venture of New America’s Economic Growth Program and the Walter Eberstadt World Economic Policy Program at the World Policy Institute.  It seeks to help the business, investment, and policy communities understand ongoing changes in the world economy and to promote a discussion of ideas that can advance the goal of a widely shared global prosperity.

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