Ben Ferguson
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Podcast Appearances
But I laugh because I'm like, I don't see you there at all.
I think you're exactly where you need to be, and I think most people listening to this show agree with that, especially on the issues you're talking about right now.
All right, Senator, I want to get back to these Trump accounts and let's talk about the nitty gritty of this.
When you look at the dollars and the growing of wealth and how this could fundamentally change a country where every child that is in poverty could get out of poverty just by having these accounts and talk about where they could start a small business or be able to pay for college or different things like that.
it is truly empowering for an entire generation what we are now starting with these Trump's accounts.
I actually think it's going to be one of the biggest parts of your legacy ever.
You know, President Bush 43 pushed this idea about 25 years ago.
I mean, you look at just the political willpower of getting something like this done.
It shouldn't take this much, but this was a major fight center that you had to go to war with to get it to happen, and I don't understand why.
The second accelerant.
Go back to the number that you mentioned that Fox had there.
If you do the maximum contribution, you have a child five grand a year.
Yeah.
All right?
Like five grand a year, you think about that.
I mean, over 12 years, that's $60,000 that you put in.
But if you keep going, and I'm putting that in perspective to realize like this is not a crazy amount of money if you're disciplined.
You're talking about $1,091,900 by age 28.
That is unbelievable.
Senator, you know, it's amazing to see that these incredibly wealthy individuals doing this amazing work with philanthropy, giving money to these accounts for kids.