Archives: Asset Building Program Press

At Issue with Ben Merens | Wisconsin Public Radio

July 24, 2012

Guest: Reid Cramer, director of the Asset Building Program at the New America Foundation. His piece, "The Asset Agenda," is in this month's "Washington Monthly."

 

Original article

Can America Recover from the Great Recession? | Minnesota Public Radio

July 24, 2012

Phillip Longman, from the New America Foundation, argues in The Washington Monthly, that monetary policies need to include every American...Phillip will join The Daily Circuit on Tuesday to discuss how parents can rebuild and help their children be more prepared for the future.

On Its First Birthday, Consumer Bureau Flexes Its Muscle | BusinessWeek

July 19, 2012

“I expect to see a lot more decisions and impacts on the market in the coming year, and those will create some real battles with the industry,” said Reid Cramer, who studies banking services for low-income people at the Washington-based New America Foundation.

Original article

Longman: Americans Should Be Issued a Stakeholder Account at Birth

July 18, 2012

Washington, DC - To support long-term financial security, the United States should open savings accounts for every child, New America Senior Research Fellow Phil Longman told MSNBC yesterday afternoon.

"American Stakeholder Accounts" would improve prospects for college attendance, homeownership and a secure retirement, which were damaged by the Great Recession, Longman explained on MSNBC's "The Cycle."

No More Overdraft Fees for Unemployed in Ohio | American Banker

July 16, 2012

"This is the right move for unemployed Ohioans," David Rothstein, Policy Matters' project director for asset building, said in a statement. "Unemployed workers cannot afford to have any part of their compensation siphoned off. It's critical that public dollars go directly to the families."

Original article

Creating Jobs is Not Enough

July 6, 2012

Washington, DC - Both Republicans and Democrats have made this election about one thing: jobs. But job creation alone will not increase access to the fading American Dream, according to the Asset Building Program at the New America Foundation.

Helping the World's Poorest Create Wealth

June 19, 2012

To more effectively fight poverty around the world, governments should use electronic banking platforms to transfer welfare payments to low-income households, allowing them to manage their resources and save for the future, according to data from the Global Savings and Social Protection Initiative's website being launched today. 

New America Experts Available to Discuss Plunge in Americans’ Wealth

June 12, 2012

The New America Foundation’s Asset Building Program has experts available today to discuss the release of new data showing the recession wiped out two decades of wealth gains for American families.

Expert Touts Obama College Savings Plan as New Way to ‘American Dream’ | Diverse

June 6, 2012

“The savings accounts “do not teach children to sit at home as some might want to suggest,” said Dr. William Elliott III, assistant professor at the University of Kansas School of Social Welfare. “They teach children that effort mixed with societal resources is the new formula for reaching the American dream.”

Original article

Creating A College-Bound Identity | Epoch Times

June 6, 2012

Fattah was a guest speaker at the New America Foundation (NAF) forum “Financing College Success: Innovations to Promote Readiness, Access, and Completion,” held May 31. GEAR UP programs include early child intervention components that foster what Dr.

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