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Billions for Kids is Proof Capitalism Works · Commentary - TJ Meadows

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  Speaker 1: Capitalism works. And if you need proof, look no further
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  Speaker 1: than Michael and Susan Dell, who are preparing to give
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  Speaker 1: away six point two five billion dollars. The Dell's plan
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  Speaker 1: to provide two hundred and fifty dollars to twenty five
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  Speaker 1: million American children aged ten and under who will not
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  Speaker 1: qualify for the new Trump accounts. Those one thousand dollars
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  Speaker 1: investment accounts the Treasury will create for every child born
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  Speaker 1: between twenty twenty five and twenty twenty eight under the
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  Speaker 1: One Big Beautiful Bill Act. On top of that, they'll
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  Speaker 1: match the government's one thousand dollars deposits for children of
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  Speaker 1: Dell Technologies employees. Dell says he's targeting zip codes with
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  Speaker 1: median household incomes under one hundred and fifty thousand, reaching
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  Speaker 1: roughly eighty percent of kids in that age group. Plenty
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  Speaker 1: of children here in West Virginia would qualify under one
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  Speaker 1: plan or the other. Now, yes, the Dells will get
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  Speaker 1: a tax benefit most likely fine, That's how incentives work.
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  Speaker 1: The bigger story is the long term effect. Giving kids
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  Speaker 1: investment accounts gives them a roadmap into adulthood, not a guarantee,
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  Speaker 1: but a start put that money in low cost index funds,
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  Speaker 1: and it compounds again and again over time. Our schools
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  Speaker 1: should seize this moment to teach basic personal finance, save early,
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  Speaker 1: avoid debt traps, and let compound interests do the work,
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  Speaker 1: especially when a third to nearly half of Americans have
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  Speaker 1: no retirement savings according to various studies. My wife and
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  Speaker 1: I were the different aunts and uncle giving stock instead
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  Speaker 1: of toys. Our oldest nephew, now in college, noticed his
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  Speaker 1: portfolio kept growing even though he only got stock a
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  Speaker 1: few times a year. That lit a fire under him.
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  Speaker 1: He started investing his own money from mowing lawns some
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  Speaker 1: washing cars. Today he's building a portfolio on his own.
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  Speaker 1: These trump accounts and gifts like the Dells can spark
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  Speaker 1: that same fire in millions of children. They can break
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  Speaker 1: cycles of generational poverty. And at a time when some
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  Speaker 1: want America to march toward socialism, gestures like this remind
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  Speaker 1: us where the country's real strength lies in people who
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  Speaker 1: choose to give back a portion of what America empowered
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  Speaker 1: them to earn. Good on the Dells, and good on
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  Speaker 1: everyone who invests in opportunity instead of waiting on Washington.
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  Speaker 1: When government steps back and people keep more of what
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  Speaker 1: they make. Generosity follows, and real people do real good