New America Foundation

Over the past century, the United States has experienced two large-scale financial crises: the Great Depression of 1929 and the recent Great Recession, which began in 2007. These periods also represented peaks in the share of U.S. income collected by the top 1 percent of earners. In 1929, the top 1 percent accrued over 22 percent of total national income, including capital gains – a share several percentage points above its historical average, and one that would not be seen again until 2006. Notably, the number of bank failures in the U.S.

“Creating a Financial Stake in College” is a four-part series of reports that focuses on the relationship between children’s savings and improving college success. This series examines: (1) why policymakers should care about savings, (2) the relationship between inequality and bank account ownership, (3) the connections between savings and college attendance, and (4) recommendations to refine children’s savings account proposals.

This presentation was part of the World Economic Roundtable.  A summary of the Roundtable session can be read here.

This presentation was part of the World Economic Roundtable.  A summary of the Roundtable session can be read here.

Congress completed the fiscal year 2012 appropriations process on December 17th, 2011, finalizing annual funding for federal education programs through September 30, 2012 at $68.1 billion, down $233 million from the prior year. It is the first year since 2007 that Congress did not increase total appropriations for education programs.

The full testimony is below or available for download as a PDF on the right. The testimony and a video of hearing is also available on the hearing website hosted by the House Committee on Foreign Affairs Subcommittee on Africa, Global Health, and Human Rights.

With this proposal, the Open Technology Initiative at New America Foundation (“OTI”) presents an innovative framework for building out gigabit broadband infrastructure and providing low-cost high-speed connectivity in communities surrounding Gig.U member universities. The key to our proposal is a modular, scalable, hybrid approach to infrastructure development which adapts to the needs of each community, combining fiber-optic build-out with wireless mesh deployments.

China’s surplus fell from 10.1% of GDP in 2007 to 5.2% in 2010.  Whether its current account will continue to decline or will return to higher levels seen in the mid-2000s is a subject of considerable disagreement.

On November 3, 2011, Lisa Guernsey gave a talk about e-books at Libraries 2.011, a virtual international conference that attracted thousands of educators, librarians and instructional technology specialists from around the world.