Why Are So Many Americans Still Broke In 2025?

About Why Are So Many Americans Still Broke In 2025?

Warren Buffett describes the American nightmare in which full-time workers remain financially strained despite years of hard work. The issue isn't laziness; it affects those who juggle multiple jobs and still struggle financially. Buffett advocates for the earned income tax credit (EITC) as a solution to boost the paychecks of low- and middle-income individuals through the tax system, which data supports as lifting millions out of poverty without harming jobs or small businesses.

Duration

48 sec

Released

2025