Why Did Presidents Seem Incredibly Rich Yet Were Completely Broke Most of the Time?
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
Why Did Presidents Seem Incredibly Rich Yet Were Completely Broke Most of the Time?
This is an automatically generated transcript. Please note that complete accuracy is not guaranteed.
Description
Was Harry Truman really our poorest president or simply a man up at 2 a.m. struggling with financial anxiety? Did Calvin Coolidge get bad advice from his stockbroker to buy...
show moreWe often think of the US presidents as being above the fray. But the truth is, the presidents are just like us—worried about money, trying to keep a budget, and chasing the American financial dream. While some presidents like Herbert Hoover and Gerald Ford became wildly successful with money, others like Thomas Jefferson and Joe Biden struggled to sustain their lifestyle. The ability to win the presidency is no guarantee of financial security, although today it’s a much easier path to monetize.
Today’s guest is Megan Gorman, author of “All the Presidents’ Money.” We look at the different personal money stories of the presidents. Grit, education, and risk are just some of the different ways that the presidents over the last 250 years have made (or lost) money.
Information
Author | Parthenon Podcast Network |
Organization | Salem Media (USA) |
Website | - |
Tags |
-
|
Copyright 2024 - Spreaker Inc. an iHeartMedia Company
Comments
Eric Coger
2 months ago