Summary: The Casey Foundation’s Lisa Hamilton talks with William "Bill" Emmons, lead economist at the Federal Reserve Bank of St. Louis, about household income and wealth and the roles that race, age and education play in shaping family savings, debts and assets. Emmons also explains how changes in the economy — coupled with rising education costs and a shift away from pension plans — have made it harder for young adults and families to build wealth in America today. To learn more about this CaseyCast episode, visit https://www.aecf.org/blog/economist-bill-emmons-its-a-lot-tougher-to-be-young-these-days/.
