Trump Accounts as an antidoteThe new “Trump Accounts” initiative, a federally supported investment program for children, sits at the center of Bessent’s effort to change those numbers. Children born between 2025 and 2028 would see their Trump Accounts compounding for 18 years, he noted, arguing that such long-term exposure will create both wealth and financial literacy for the next generation. At the same time, the donations from billionaires Ray Dalio and Michael Dell into the Trump Accounts represents a remarkable moment of philanthropy. Also, it’s unclear what people mean by “socialism.” Polling finds young Americans often use the term to signal support for stronger safety nets, public healthcare, and checks on corporate power, while still endorsing free enterprise and entrepreneurship. It remains to be seen whether nudging more young Americans into index funds will be enough to overcome structural problems such as wage stagnation, high rents, or concentrated corporate power.