Re: Does The US Need A Secretary Od Personal Finance?
At the very least someone needs to speak a word or two to our current president. Well, maybe someone needs to speak on behalf of individual citizens' finances to the president again and again. I don't know whether a cabinet position is necessary. But every time the president recommends that we all strengthen our economy by going shopping, I cringe. It seems to me a fragile way to maintain an economy. I think of sideshow plate-spinners running fast to keep the plates spinning, even though eventually the plates will crash and break to shards.
I do suspect that the good of individual citizens' finances is not necessarily the same as the good of "business" as a whole. And business is not what it used to be (compare to 40 years ago, within my own lifetime). Could a cabinet level position change this?
What kinds of administrative things could the president/secretary do within the established law to make any difference?
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