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2016-05-10T00:00:00.000Z

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Wrong Michael Peterson?

Mr. Michael Peterson A.

President

Peter G. Peterson Foundation

HQ Phone: (212) 542-9200

Email: m***@***.org

Peter G. Peterson Foundation

712 Fifth Avenue 48Th Floor

New York, New York 10019

United States

Company Description

A: PGPF is dedicated to increasing public awareness of the nature and urgency of key fiscal challenges threatening America's future, and to accelerating action on them. As a nonpartisan foundation, we neither lobby nor represent special interest groups. ... more

Find other employees at this company (57)

Background Information

Employment History

Vice Chairman and Co-Founder
Evolve IP LLC

Finance and Economic Intern
Scottrade Inc

Affiliations

Trustee
WNET

Founding Member
CoreComm

Moderator
National Association for Business Economics

Member
Council on Foreign Relations

Intern
Economic Development District

Member of the Management Teams
Cellular Communications International , Inc.

Founder
Peterson Enterprises , Inc.

Executive Board Member
iBuilding , Inc.

Board Member
American Heart Association Inc

Board Member
CoreComm Holdco , Inc.

Education



Brown University

Master's degree
Economics
London School of Economics

Web References (175 Total References)


Committee for a Responsible Federal Budget

crfb.org [cached]

In a recent op-ed in TIME, Michael A. Peterson, the president and CEO of the Peter G. Peterson Foundation, outlined why millennials need the next president to be worried about the debt. Peterson argues the fiscal policies of the next president will have the greatest impact on the single largest American generation, which could face less economic opportunity, less earning power, and be less able to pay back student loans, buy a home, or start a business as a result of a high national debt.


In a recent op-ed in TIME, ...

crfb.org [cached]

In a recent op-ed in TIME, Michael A. Peterson, the president and CEO of the Peter G. Peterson Foundation, outlined why millennials need the next president to be worried about the debt. He argues the fiscal policies of the next president will have the greatest impact on the single largest American generation, which could face less economic opportunity, less earning power, and be less able to pay back student loans, buy a home, or start a business as a result of a high national debt.

Peterson points to the fact that millennials are already more likely to have debt burdens, with four-year tuition costs up by 68 percent and student loan debt tripling between 1993 and 2013. He explains that they also continue to be left behind in the slow post-recession recovery with a persistent high youth unemployment rate and wages that haven't increased in the past ten years.
Making matters worse is our current national debt level, Peterson argues. At the highest level since 1950, it is expected to continue growing as the population ages and retires. He cites estimates from the Congressional Budget Office (CBO) that project annual deficits will surpass $1 trillion by 2022, while the level of debt held by the public is expected to reach 131 percent of Gross Domestic Product (GDP) by 2040 or climb as high as 175 percent under less optimistic economic assumptions.
Peterson further notes the consequences of a high national debt burden:
...
These numbers represent an opportunity for presidential candidates to propose solutions to the pressing issues millennials face, Peterson explains.
Millennials need leaders who will address the fiscal problems that they will be burdened with, and as they become an increasingly larger portion of eligible voters, their needs will carry more weight in electoral politics. Unfortunately, the political engagement among millennials has not increased and remains lower than that of previous generations, Peterson writes, with voter turnout dropping from 2008 to 2012, and low voter turnout continuing so far this year.


College of William & Mary Wins 4th Annual Up to Us Competition to Engage Millennials on Nation's Fiscal Future | Business Wire

feeds.businesswire.com [cached]

In this year's Up to Us competition, a record number of students voiced their concerns about America's growing and unsustainable national debt," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.


College of William & Mary Wins 4th Annual Up to Us Competition to Engage Millennials on Nation's Fiscal Future | Business Wire

feeds.businesswire.com [cached]

In this year's Up to Us competition, a record number of students voiced their concerns about America's growing and unsustainable national debt," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.


College of William & Mary Wins 4th Annual Up to Us Competition to Engage Millennials on Nation's Fiscal Future | Business Wire

feeds.businesswire.com [cached]

In this year's Up to Us competition, a record number of students voiced their concerns about America's growing and unsustainable national debt," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.

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