Trump gives $1000 investments to all of our young

@kmax87 said
So you know how I hate to rain on any of your parade's, but here are some criticisms.

Critics point out the accounts do little to help children in their early years, when they’re most vulnerable and most likely to be in poverty. The accounts, they say, also fail to offset cuts the Trump administration and congressional Republicans have made to other programs that benefit yo ...[text shortened]... rs is nothing to sneeze at for sure, but the cap on what parents can pretax contribute is a problem.

Just as an example. In 2008 the average cost of a new vehicle was around $23,000. Today it’s around $63,000😲….apparently. So in 18 years what will $3,600 really be worth?🤔

@Great-Big-Stees said
Just as an example. In 2008 the average cost of a new vehicle was around $23,000. Today it’s around $63,000😲….apparently. So in 18 years what will $3,600 really be worth?🤔

A NO.

@AverageJoe1 said
A NO.

Sorry😢 it’s “only” $50,000+ the 63 was for we Canucks.

@kmax87 said
Okay so I ran a spreadsheet and if the parent adds $5000 pre tax dollars to the account balance each year, then that $1000 could grow to $244, 000 plus or minus a few bob, which is nothing to sneeze at, when their kid turns 18. This is at 7%

At 3% which is the long run return in the market its more like $150,000.

A poor person however may not be able to consistently add ...[text shortened]... y of this money till they are 18 and hopefully in 18years time their accounts will still be solvent.

But it gets better. Double or triple your projections, because many corps are MATCHING the investments.

The country's two largest banks join a number of major US companies that have already announced plans to match the federal government’s $1,000 contribution to the Trump accounts for their employees, including the Bank of New York Mellon (BK), BlackRock (BLK), Intel (INTC), Charles Schwab (SCHW), Dell Technologies (DELL), Robinhood (HOOD), SoFi (SOFI), Charter Communications (CHTR) and Chime Financial (CHYM).

NOW can there please be no naysayers? ( not writing you, KingMoses, keep it up).

And I believe it is already approved, being part of the Big Beautiful Bill.

Rock on, Trump, but watch your back, cause Sonhouse says that the reasons you do ANYTHING is to make yourself rich.
( but I do hope he puts a beautiful hotel in Cuba!)

Catch the train, everyone.

@KingDavid403 said
Because they are entitled to it and they earned it as US citizens. I don't mind my tax dollars helping educate Americans so they don't end up like murdering lying pos fools as you. 🙂

(I get so angry)
Good! 🙂 I don't want my tax dollars going to some trumptarded baby who has NEVER worked a day in their lives.

Worth a response. 🤔🤣🤔🤣
So they ‘are entitled to it’….,,because..? 😳
They ‘earned it as US citizens’??? 🤔

My Gardner is a US citizen. Did he miss something? 🤪🫥

@AverageJoe1 said
Worth a response. 🤔🤣🤔🤣
So they ‘are entitled to it’….,,because..? 😳
They ‘earned it as US citizens’??? 🤔

My Gardner is a US citizen. Did he miss something? 🤪🫥

Must be nice…having a personal gardner.

@Great-Big-Stees said
Sorry😢 it’s “only” $50,000+ the 63 was for we Canucks.

Again, you and Kmax thoughtful responses are moot….other companies chipping in.
And sorry about pesky mgmt fees, that’s the darn USA way. Someone always wanting to make money!

It don’t seem fair, making money. Some will bid on mgmt rights and Lose at the bidding! But Marauder has said we need a society of No Losers.!! Everyone gets a trophy. If boys beat hell out of girls in a girl volleyball event,…..they ALL get trophies.
Bidding should be outlawed!,

@AverageJoe1 said
Worth a response. 🤔🤣🤔🤣
So they ‘are entitled to it’….,,because..? 😳
They ‘earned it as US citizens’??? 🤔

My Gardner is a US citizen. Did he miss something? 🤪🫥

Exactly. Thanks for making my points. 🙂

@KingDavid403 said
Exactly. Thanks for making my points. 🙂

Actually you made AJs point…just too dumb to realize it

@AverageJoe1 said
A NO vote.!!
Hey give it to the children instead of illegals or.....citizens who have been using it for years who are not entitled to it.

Like Republicans?

@AverageJoe1 said
But it gets better. Double or triple your projections, because many corps are MATCHING the investments.

The country's two largest banks join a number of major US companies that have already announced plans to match the federal government’s $1,000 contribution to the Trump accounts for their employees, including the Bank of New York Mellon (BK), BlackRock (BLK), Intel ( ...[text shortened]... ourself rich.
( but I do hope he puts a beautiful hotel in Cuba!)

Catch the train, everyone.

The BBB needs to be revoked.

@Mott-The-Hoople said
Actually you made AJs point…just too dumb to realize it

I don't think dumb people should be calling anyone dumb.

@AverageJoe1 said
I can, but I asked first, for you to tell us how college graduates we’re entitled to have MY !! (I get so angry) tax dollars pay their debts.

I didn't use your tax dollars.

You don't have any, remember?

When was the last time you paid the Fed Government what you owed in taxes?

You pay less in taxes than the woman who processes my mortgage payment.

Was it you who authorized the government (or the bank they assigned my loan to) to rip me off in student loan payments?

@AverageJoe1 said
Worth a response. 🤔🤣🤔🤣
So they ‘are entitled to it’….,,because..? 😳
They ‘earned it as US citizens’??? 🤔

My Gardner is a US citizen. Did he miss something? 🤪🫥

"Judge TOSSES Death Penalty Against Luigi Mangione!" 😀 love it! 😆 A true American patriot!

@Mott-The-Hoople said
Actually you made AJs point…just too dumb to realize it

You must be overlooking that he was being cryptic, it is part of his schtick. He pulls them off just perfectly.