Here are the basics – the government sets aside a small nest egg for
every child, which would grow until they reach age 18. At that point
the account-holder could begin to withdraw money for college, a home,
and eventually retirement. The movement is not without its critics, who
say it’s a slippery slope to a privatized social safety net.
Ray Boshara joins us with more on the idea. He directs the Asset Building Program at the New America Foundation, and has worked…
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