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

submitted 1 week ago* (last edited 1 week ago) by [email protected] to c/[email protected]

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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."

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[-] [email protected] 2 points 1 week ago* (last edited 1 week ago)

Aside from the many odd things that creep in around the fringes as a result of Trump's deep and abiding mental illness, the main thrust of this administration is to transfer as much wealth and power as possible from the people to the wealthiest few.

And it's safe to predict that that's going to end about as well for everyone involved as it always has.

[-] [email protected] 1 points 1 week 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.

this post was submitted on 09 Jun 2025

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