this post was submitted on 30 Jun 2026
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I live under a rock it seems, as I have seen nothing about Trump Accounts.

What is the latest thinking on them? Are they a grift?

It seems data sharing must be setup between the Treasury and IRA and one has to okay that. Anything else?

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[–] sqw@lemmy.sdf.org 0 points 1 month ago

https://youtu.be/fYAugzaT5gI

here's a take. i think her story was this was basically tried a bunch of times from both sides of the aisle and finally made it, and makes some kind of overall economic sense, despite the rotten branding.

my first thought was that it could be something like a stochastic grift, funneling defaulted money from latent accounts into the banks.

bigger picture it seems like a way to try and distract from support of, or privatize/individualize social security

[–] Zarxrax@lemmy.world 0 points 1 month ago
[–] phdepressed@sh.itjust.works 0 points 1 month ago

It's probably a grift in some way but on paper they seem fine.

[–] sqw@lemmy.sdf.org 0 points 1 month ago

https://youtu.be/fYAugzaT5gI

here's a take. i think her story was this was basically tried a bunch of times from both sides of the aisle and finally made it, and makes some kind of overall economic sense, despite the rotten branding.

my first thought was that it could be something like a stochastic grift, funneling defaulted money from latent accounts into the banks.

bigger picture it seems like a way to try and distract from support of, or privatize/individualize social security