Economists have debated these kind of plans for several decades!
Even a rapper comes out with a donation!
"President Trump unveiled Trump Accounts on Wednesday, a program that will deposit $1,000 into government-funded investment accounts for American children born between Jan. 1, 2025 and Dec. 31, 2028, with funds available beginning at age 18 for education, housing, or starting a business.
The accounts will be stock-market linked, with families, employers, churches, and states able to contribute up to $5,000 annually in pre-tax dollars. Trump said modest contributions could grow the accounts to $50,000 or more by age 18.
Billionaires Michael and Susan Dell pledged $6.25 billion to provide an additional $250 to 25 million children under 10 in lower-income ZIP codes, while rapper Nicki Minaj announced she would contribute $150,000 to $300,000 for her fans’ accounts."
A rapper and the president!
