A MAGA‑led Congress created 'Money Accounts for Growth and Advancement' with a $1,000 government seed for every citizen child under eight, with tax‑favored investment income. This adopts a 'universal basic capital' approach—building assets at the bottom rather than only redistributing income. It signals a right‑populist path to counter r > g by broadening ownership of appreciating assets.
— It suggests a coalition realignment where conservatives address inequality through pre‑distribution and asset ownership, reshaping welfare and capital policy in the AI era.
Nathan Gardels
2025.08.08
100% relevant
The 'One Big Beautiful Bill' provision launching MAGA Accounts in July 2026 with automatic enrollment and a $1,000 deposit.
← Back to All Ideas