Progressive Politics

3544 readers

82 users here now

Welcome to Progressive Politics! A place for news updates and political discussion from a left perspective. Conservatives and centrists are welcome just try and keep it civil :)

(Sidebar still a work in progress post recommendations if you have them such as reading lists)

founded 2 years ago

MODERATORS

TokenBoomer@lemmy.world

Michael and Susan Dell donate $6.25 billion to encourage families to claim 'Trump Accounts' (apnews.com)

submitted 1 week ago by Taco2112@lemmy.world to c/progressivepolitics@lemmy.world

2 comments fedilink hide all child comments

Or they could just give the money to non profits that are already helping kids but that wouldn't curry favor with their master.

top 2 comments

sorted by: hot top controversial new old

[–] TropicalDingdong@lemmy.world 5 points 1 week ago

[–] givesomefucks@lemmy.world 4 points 1 week ago

People having to rely on investments to retire means everyone keeps paying into it...

I saw an article the other day about a possible crash coming when boomers finally die and their 401ks get liquidated.

It going to cause the people who own the vast majority of stocks a sizable amount of money. And them wanting people to invest young just means they want them to keep pumping money into the stock market, it's the only way for numbers to keep going up. If people stop buying it, prices go down.