The New America Foundation/Economic Growth Program
cordially invites you and your colleagues to

whither the american economy?
A NATIONAL POLICY FORUM ON THE ECONOMY, THE SUBPRIME SQUEEZE, GLOBAL CAPITAL TRENDS, AND THE ROLE OF PUBLIC INVESTMENT

FRIDAY, NOVEMBER 30, 2007
8:30 am – 12:15 pm

Powell Conference Room, Cosmos Club
2121 Massachusetts Avenue, NW
Washington, DC

RSVP directly to this email or to communications@NewAmerica.net, or call Liz Wu at 202-986-2700, ext. 315

8:30 am
REGISTRATION & COFFEE

9:15 am
WELCOMING REMARKS

STEVE COLL
President, New America Foundation
Former Managing Editor, Washington Post

BERNARD L. SCHWARTZ
Chairman & CEO, BLS Investments
Retired Chairman & CEO, Loral Space & Communications
Co-Author, “Public Investment Works,” Democracy:  A Journal of Ideas (Fall 2007)
http://www.democracyjournal.org/article.php?ID=6546

9:30 AM
HOW HARD WILL THE FALL BE?  
THE IMPACT OF THE UNWINDING HOUSING AND CREDIT BUBBLES ON THE ECONOMY

ZACHARY KARABELL
EVP, Chief Economist, Portfolio Manager
Fred Alger Management

STEVEN PEARLSTEIN
Economics Correspondent, Washington Post

JAMES K. GALBRAITH
Lloyd M. Bentsen Jr. Chair in Government/Business Relations
LBJ School of Public Affairs, University of Texas at Austin

DAVID HALE
Chairman, Hale Advisors
Former Global Chief Economist, Zurich Financial Services Group

SIMON JOHNSON
Economic Counsellor and Director, Research Department
International Monetary Fund

11:15 AM
SHAKING IT OFF?  
WHAT ROLE FOR PUBLIC INVESTMENT AND FED ACTION IN RESTORING GROWTH

JOEL KOTKIN
Senior Fellow, New America Foundation
Author, The City:  A Global History and the New Geography

DESMOND LACHMAN
Resident Fellow, American Enterprise Institute
Former Managing Director, Salomon Smith Barney

BERNARD L. SCHWARTZ
Chairman & CEO, BLS Investments
Retired Chairman & CEO, Loral Space & Communications
Co-Author, “Public Investment Works,” Democracy:  A Journal of Ideas (Fall 2007)
http://www.democracyjournal.org/article.php?ID=6546

JANET KAVINOKY
Director, Transportation Infrastructure/Congressional Public Affairs Division
U.S. Chamber of Commerce

SHERLE R. SCHWENNINGER
Director, Global Economic Policy Initiative, New America Foundation
Co-Author, “Public Investment Works,” Democracy:  A Journal of Ideas (Fall 2007)
http://www.democracyjournal.org/article.php?ID=6546

12:30 PM
ADJOURNMENT

conference moderator
STEVE CLEMONS
Director, American Strategy Program, New America Foundation
and publisher, www.TheWashingtonNote.com