What Could Trump Do to Ease Average Americans' Personal Finance Woes?
On this Motley Fool Answers episode, Robert Brokamp is on his own to interview Rachel Schneider, a senior VP at the Center for Financial Services Innovation, and professor Jonathan Morduch, who teaches public policy and economics at NYU, about their new book, The Financial Diaries: How American Families Cope in a World of Uncertainty. For the study behind the book, their team tracked essentially everything about the finances of 235 families in five states for a full year, giving them deep insights into where we are succeeding, where we're not, and what obstacles are most commonly in our paths.
Recognizing that personal choices matter, a great deal of what's holding families down comes from macro factors they can't begin to affect. But our elected representatives in Washington, D.C., can. In this segment, the authors lay out a few areas where President Trump could, if he chose to, make a big positive impact on the lives of ordinary Americans -- and they don't mention the word "taxes" even once.
A full transcript follows the video.
Source: Fool.com
