The 2024 Election And Your Wallet

HerMoney with Jean Chatzky

We are right on the eve of what is going to be a truly pivotal election. And this year, more than many others, it seems there's a unique urgency in the air. At least part of that is because each candidate has pledged to make changes to critical facets of American life — including to our personal finances.

Catherine Rampell, nationally syndicated opinion columnist at the Washington Post, joins us to dissect the issues and how the 2024 election can impact the broader financial system (and our personal economies).

CHAPTERS:

00:00 Understanding Voter Awareness and Candidate Platforms

02:59 Inflation: Candidates' Influence and Economic Policies

09:05 Price Gouging and Its Implications

12:03 Student Loan Proposals and Their Impact

14:54 Social Security: Candidates' Stances and Future Challenges

18:08 Tax Policies and Their Economic Implications

21:01 Stock Market Trends and Candidate Influence

TAKEAWAYS:

• Inflation remains a top concern for American voters but Presidents have limited control over inflation and price levels.
• The Federal Reserve's independence is vital for economic stability.
• Student loan proposals vary significantly between candidates.
• Social Security faces financial challenges regardless of the elected candidate.
• Tax policies proposed by candidates could have long-term economic implications.
• Stock market performance is influenced by various factors beyond presidential control.

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The HerMoney with Jean Chatzky podcast is sponsored by Edelman Financial Engines. The podcast team and its host are neither employees nor clients of EFE, however, the show does receive fixed compensation and is a paid endorser and therefore has an incentive to endorse EFE and its planners. To learn more about the sponsorship, please visit PlanEFE.com/HerMoney.

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