Fiscal Illiteracy: Politicians vs. Lottery Winners

The Constitution Study with Host Paul Engel – Have you ever noticed how many people who win those huge lotteries are bankrupt just a few years later? Why? Because, without a functional knowledge of how to manage that money, what I call fiscal literacy, they make compounding bad decisions until all the money is gone. What happens when the fiscal illiterate isn't wasting his own money but everyone else's? The main difference...