Financial Rules Michael Taylor

The New Trump Accounts - Part 2

Although I'm a fan, it's worth acknowledging drawbacks, limitations and criticisms of the accounts

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Financial Rules Michael Taylor
Sep 15, 2025
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The New Trump Accounts For Kids - Part 1

The New Trump Accounts For Kids - Part 1

Financial Rules Michael Taylor
·
September 13, 2025
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This is a continuation of a Part 1 post in which I praise the new Trump Accounts1 as kind of awesome, actually.

But also, it’s worth being clear-eyed about drawbacks, limitations, and criticisms of the accounts.

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On the naming of these accounts after Trump

Let’s start here. This should have been called a USA Account. Or a 1776 Account. Or America is Awesome Account. Or anything universally patriotic, rather than provocatively MAGA-coded.

Half the country will learn about “Trump Accounts” and say “Hell Yeah!”

The other half the country will say “No Way!”

This is a mistake analogous to a Democratic Congress creating a “Slavery Reparations Account” or “Honoring Stonewall LGBTQ+ Equality Account” with the same exact features, and then expecting the other half the country to be excited to participate. It’s going to prevent participation and is needlessly provocative.

The confusi…

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