Ted Cruz
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah, that's on the bingo card.
But it shows the breadth of appeal, and by the way, the philanthropy can really get turbocharged if lots of people are giving smaller amounts, whatever's in their means and in their communities.
You know, Ray Dalio, who runs a big hedge fund,
decided to give to the kids of the state of Connecticut.
And people can do it in smaller.
They can give it to their city or their neighborhood.
But it's able to be targeted.
That philanthropy is really going to accelerate it.
But I'll tell you what makes me the most excited about this.
is the long-term change it's going to have for our country, because we are literally creating an entire new generation of capitalists.
This is what got me excited about this idea.
You know, there had been...
ideas like Cory Booker, a Democrat, had proposed previously baby bonds, basically putting money in a savings account for kids.
And look, that has some value, but it's not nearly as exciting as this, because what really makes this potent is that this money is invested in the stock market.
And the impact of that
is that every kid in America is going to be an owner of the largest employers in America.
And when you're an owner, it changes your whole perspective.
Look, we've all seen the lousy statistics about young people who say they're losing faith in capitalism, they don't believe in capitalism, they think socialism might be a better idea.
Yeah.
You know, the effect of this in, you know, 10 years, a kid's going to pull out his cell phone and look at his Trump account.