The Key to Regaining American Opportunity and Fiscal Freedom
On Wednesday, June 25, Prosperity Now Founder and Board Chair Bob Friedman had the opportunity to moderate a panel discussion at San Francisco's Commonwealth Club, titled "The Key to Regaining American Opportunity and Fiscal Freedom." The discussion featured longtime Prosperity Now friends Eugene Steuerle, Former Deputy Assistant Secretary of the U.S. Department of the Treasury and author of Dead Men Ruling: How to Restore Fiscal Freedom and Rescue Our Future, and Frank Yeary, Former Vice Chancellor of the University of California at Berkeley and Co-founder and Chair of Level Money.
In Dead Men Ruling, Gene argues that with both tax cuts and entitlement spending on autopilot and more than claiming all additional growth dividends, there is no ability to make investments in the younger generation (the first generation in our history unlikely to do better than their parents) and all other changing needs going forward unless both the Left and the Right free the future. Frank Yeary followed by underscoring that we are investing in aging baby boomers to the detriment of younger Americans, and describes his efforts to organize "an AARP for young people" based on a financial planning app, LevelMoney, designed to give millennials a measure of clarity and control over their finances.
More information about the event can be found here. In the coming days, video from the event will be uploaded as well, so check back when you've got a few extra minutes; it's worth the watch.
Steurele's book, Dead Men Ruling, is available for purchase on Amazon.