Americans are rightly concerned about their current and future economic well-being. For several years, middle class household incomes have seen little overall growth, and tepid growth in hourly wages has meant that the purchasing power of incomes for some families has actually declined. A consequence is that too many Americans live largely paycheck to paycheck. Although on the macro level, there has been some deleveraging of debt on the part of households since the 2008 financial crisis, debt remains a significant problem for many. It is not therefore surprising that polls show that Americans are deeply worried about their ability to sustain their standard of living, let alone pass on a better standard of living to their children. In this political season, exposure to debates on economic policy for most Americans centers around what the presidential candidates in both parties have said about the economy and about what their economic plans will be, if elected. In...(Read Full Article)