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I’m wondering: if our country also set up similar accounts for children, would it help improve the birth rate? Would our billionaire entrepreneurs be willing to donate hundreds of millions of dollars’ worth of stock to support the children of our motherland?
On July 4, the “Trump Account,” which benefits tens of millions of American children, was officially launched. Tech giant Dell and his wife also announced a donation of $6.25 billion to help.
The “Trump Account” will provide every American newborn born between 2025 and 2028 with $1,000 in government seed funding, paid by the U.S. Treasury. The account will grow through compound interest by investing in the U.S. stock market, providing support for children’s education, home purchase, and entrepreneurship after they turn 18.
Meanwhile, the Dell couple’s massive $6.25 billion donation will serve as a supplement to the “Trump Account.” It will provide about 25 million American children born between 2016 and 2024 with $250 each into their personal investment accounts.
The couple said: “We don’t want children before the deadline to be excluded,” and they called on more business leaders to join, giving the next generation a starting point for the “American Dream.”
This is the largest charity program in the United States in recent years that directly benefits children at scale. By partnering government and private enterprises to help children become early “shareholders” in American capitalism and long-term investors, it may play a role in addressing the “widespread pessimism and social division” on the occasion of the country’s 250th anniversary.
More major U.S. companies and wealthy individuals are expected to join in donations and actions to match funding for the Trump Account. $BTC #GUSDYieldRisesto3.8%