About this episode
Should every child born in the U.S. receive a $1,000 government contribution into a tax-free investment account? Michael dives into the new “Trump Account” policy and unpacks its roots in the progressive “baby bonds” idea. With insights from economist Derek Hamilton—who helped originate the concept—Michael explores whether this version helps close the wealth gap or actually makes it worse. A thought-provoking look at wealth inequality, public policy, and how political branding may shape our financial future. Listen to his thoughts here, then go vote at smerconish.com! Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.