Political Catch-All Thread

[golftdibrad1]

Jeez, I check out for four days and Elon and Donald go nuklear on each other and LA burns

https://boriquagato.substack.com/p/asse ... icecapades

[coogles]

Jeez, I check out for four days and Elon and Donald go nuklear on each other and LA burns

https://boriquagato.substack.com/p/asse ... icecapades

[golftdibrad1]

Yesterday, President Trump unveiled what might be the most pro-natalist economic policy in U.S. history. The UK Guardian ran the terrific and under-reported story headlined, “Trump announces $1,000 government-funded accounts for American babies.”

Part of Trump’s “Big Beautiful Bill,” it would work like this: Every child born between 2025 and 2029 would automatically receive a special tax-deferred investment account primed with $1,000. The accounts, which track the stock market and allow up to $5,000 in additional private contributions per year, are tax-deferred and guardian-controlled — essentially a junior 401(k) for kids, minus the match and with more patriotic branding.

If parents max out the accounts, their kids will have well over six figures for their educations by the time they graduate high school. Even by just adding $100 a month, it could potentially add up to millions if the child leaves the money in until the mandatory 31-year-old withdrawal date.

I have to think about this; I'm not sure its a good policy, bad policy, or neutral policy.

[golftdibrad1]

This is a good summary of many issues, and why i don't hate (all) the tarrifs.

edit: 22:89 key moment: We don't just not make the things we've forgotten how to make the things that make the things.

Also, I've had to do drafts for injection molding, its crazy hard to make things.