EDIT: This was just signed into existence with an EO on 2/3/2025 ORIGINAL POST from 9/24/2024: This dude is just winging it. What's next? Seizing the means of production? What kind of party are you running over there? I can think of lots of other people I'd want to manage our money rather than a Donald Trump led government... how long until the government is the largest owner of Trump Media? I'd love to hear what conservatives think of this idea. Trump unveils plans for U.S. 'sovereign wealth fund' like Saudi Arabia and reveals how he would pay for it | Daily Mail Online Donald Trump unveiled a radical new plan to use cash from tariffs to fuel a sovereign wealth fund to invest in roads, airports and defense technology on Thursday. It is the sort of 'build the wall' idea beloved by the former president as he searches for a populist proposal that can excite voters. Wealth funds are generally set up by governments awash with spare cash generated by oil or gas finds. And Saudi Arabia, the United Arab Emirates and Kuwait have some of the most powerful examples. But the idea will face the immediate skepticism of economists amid questions about whether Americans would trust politicians to invest billions of dollars on their behalf and whether it is even constitutionally possible.
Why would we have a wealth fund when we’re 35 trillion in debt? The US government has the opposite of wealth.
By “wealth fund” to invest in roads and bridges he of course means unaccounted for slush fund that he can more easily steal.
From all the money we’ll be “taking in” from tariffs? Man, if Kamala had come up with this, she’d be getting raked over the coals for it. Rightly.
If Kamala said or did Pretty much everything Trump does or says, we would never hear the end. I've mentioned multiple times, imagine if Kamala had 5 kids from 3 different dads she cheated on? MAGA jaws would fall off from never shutting up about it.
Isn’t the social security trust fund kinda the same thing? Let’s fully fund that and invest that conservatively in the stock market. And wouldn’t you need to at least balance the budget before thinking of this?
I mean in the last 7 days he has wavered on abortion, flipped on marijuana, pushed tariffs as a funding strategy, and proposed socializing investments. What exactly does the GOP stand for these days?
Power. Money. Winning. Not much else Pretty much the same as all political parties anymore. Wish the Gator football program cared that much about those things
This is closer to a communist policy than a liberal policy. But all the posters here yelling about communism all the time aren't going to chime in on it
While I applaud the fact you are willing to take shots at Trump and occasionally the Republican Party, you always have to temper it with a shot at the Dems. It's like you're almost there, but not quite...you just can't let go of the old ways. The Dems do not have anything close to the total dumpster fire Donald Trump is in a position of prominence and power within the party. Donald J. Trump is in a unique class all by himself and, hopefully, a once in a nation's existence aberration.
Exactly, where are our resident commie hunters...Rick, ET and 92? You have to laugh, we finally might have a real commie and the hunters are no where to be found.
