Economy

1571 readers

97 users here now

Lemmy Community for economy, business, politics, stocks, bonds, product releases, IPOs, advice, news, investment, videos, predictions, government, money, politics, debate, current trends and more.

founded 2 years ago

MODERATORS

sv1sjp@lemmy.world

Trump Accounts: A US political establishment ploy to promote more corporatism (www.cnbc.com)

submitted 1 month ago* (last edited 1 month ago) by humanspiral@lemmy.ca to c/economy@lemmy.world

2 comments fedilink hide all child comments

By giving every child$1000, (optimistically can grow to $4000 by 18th birthday), and allowing tax deferred contributions (mostly by rich) to the account, more Americans will be made to promote Corporatist supremacy.

If you ask for "anti-business" reforms against structural slavery, then will be "ruining your children's savings."

you are viewing a single comment's thread
view the rest of the comments

[–] humanspiral@lemmy.ca 1 points 1 month ago

Yes. It's a gift to wall street to earn fees from accounts, and to pump up S&P500 stocks if that is index that will be used.