Larry Kotlikoff: US Economic Policy, Social Security & The US Debt Crisis

Money Tree Investing

Money Tree Investing Podcast

Stockmarket, Valuestocks, Investing, Finance, Passiveincome, Wealth, Business, Personalfinance

4.6 • 658 Ratings

🗓️ 20 August 2021

⏱️ 69 minutes

🔗️ Recording | iTunes | RSS

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Summary

Larry Kotlikoff was made famous a few years back with his purple plan. This was a bi-partisan effort to solve some of our nations fiscal problems. We discuss some of these problems ( social security, taxes, carbon taxes, deficits, and more).

Now Larry is taking on a much bigger problem... the biggest problems in personal finance today. Don't miss this episode.

For more information, visit the show notes at https://moneytreepodcast.com/larry-kotlikoff-us-economic-policy

^{Today's Panelists:}

^{Kirk Chisholm | Innovative Wealth}
^{Barbara Friedberg | Barbara Friedberg Personal Finance}
^{Megan Gorman | The Wealth Intersection}

Transcript

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0:00.0	Welcome to the Money Tree Investing Podcast.
0:04.7	Stock market, wealth, personal finance, value stocks, invest in your life.
0:11.4	Hello, Smart Money Tree Podcast listeners.
0:13.5	Welcome to this week's show.
0:15.1	My name's Kirk Chisholm and I will be your host.
0:17.7	So today we have another special guest.
0:19.7	We have Larry Kotlakov. How's it going today, Larry?
0:22.6	Great to be with you again, Kirk. I'm very excited to have you. I've followed your work for a number of
0:28.1	years. And for the listeners who are not familiar with Larry, read a little bit of his background,
0:33.6	so you get an idea. So Larry is a professor of economics at BU, a fellow at American Academy of
0:38.4	Arts and Science, fellow of economic society, research associate of National Bureau of Economic
0:44.2	Research, president of economic security planning, and director of fiscal analysis center.
0:49.7	Basically, Larry's really smart. So for those of you who didn't follow all of that,
0:54.5	Kirk, basically, they work hard. I'm really smart. Well, we've got lots of problems with
1:00.2	that description. I guess working hard makes you smarter, though, right? I think, you know,
1:06.5	what's interesting in why I wanted to bring Larry in the show is a number of years back,
1:10.4	I want to start here with this, Larry, as a number of years back, you put together a website
1:14.6	and you talked about the purple plans, which maybe you can talk about it, because I don't
1:18.8	think I'd do it justice, but I think it was kind of more of a bipartisan way to approach
1:22.6	certain economic issues. Can you talk about like how you kind of went about that or why? Yeah, well, actually in 2012
1:28.9	and also in 2016, I ran for president as independent candidate. So in 2012, there was a platform
1:36.8	called Americans Elect was an online platform, which lasted for about six months. And you could
	...

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