About this episode
🔑 Invest America Initiative Core Idea : Automatically create an investment account for every newborn in the U.S., seeded with $1,000 from the government. Contribution Cap : Up to $5,000 per year can be added to the account in a tax-advantaged way by family, friends, employers, or philanthropists. Investment Strategy : Funds would be invested in broad market instruments like ETFs or mutual funds tied to the S&P 500. Goal : To promote financial literacy, economic mobility, and long-term wealth accumulation for all children, regardless of socioeconomic background. 🧠Key Arguments in Favor Compound Growth : Starting at birth allows for decades of compounding, potentially resulting in hundreds of thousands of dollars by adulthood. Capitalist Mindset : Encourages children to become stakeholders in the economy, fostering a pro-capitalist outlook. Bipartisan Appeal : Though led by Republicans, the initiative has conceptual overlap with Democratic proposals like Cory Booker's "baby bonds." Private Sector Support : Backed by major CEOs and companies, with commitments to contribute to employee children's accounts. Philanthropic Potential : Wealthy individuals and foundations could match or supplement contributions, especially for low-income families. Please Hit Subscribe to this podcast Right Now. Also Please Subscribe to the Ben Ferguson Show Podcast and Verdict with Ted Cruz Wherever You get You're Podcasts. Thanks for Listening #seanhannity #hannity #marklevin #levin #charliekirk #megynkelly #tucker #tuckercarlson #glennbeck #benshapiro #shapiro #trump #sexton #bucksexton #rushlimbaugh #limbaugh #whitehouse #senate #congress #thehouse #democrats #republicans #conservative #senator #congressman #congressmen #congresswoman #capitol #president #vicepresident #POTUS #presidentoftheunitedstatesofamerica #SCOTUS #Supremecourt #DonaldTrump #PresidentDonaldTrump #DT #TedCruz #Benferguson #Verdict #maga #presidenttrump #47 #the47morningupdate #donaldtrump #trump #news #trumpnews #Benferguson #breaking #breakingnews #morningupdate See omnystudio.com/listener for privacy information.