Jason Calacanis: Trump Accounts Could Save the American Dream

In this country, we have a K-shaped recovery going on. We have immense tension between the haves and the have-nots we to the point at which people actually believe that socialism and communism is a better operating system than the best operating system humanity's ever created, which is called democracy plus capitalism, right? And kids love love capitalism. They love building businesses. But we are in an existential moment right now. If these kids believe young kids and there's a couple of generations of them right now who do not believe in America anymore. While we're sitting here on the 250 50th anniversary

of this amazing experiment known as America, this is the most American thing you can do. This is the most beautiful gift I've ever seen to a country and this could be something that's a unifying principle that brings us back together as a country. That everybody gets to participate in capitalism. And this is the number one way to do it, which is to let kids on their smartphone instead of saying, you know what? Mondavi's right. I should get a free bus ride. I should get a free I should get free pizza. And we should take Ken Griffin's and and seize his, you know, penthouse and say "Pay up or tear all that. This is like the perfect version of the giving pledge. Because

you're not just saying I'm giving away my wealth by the time I die. You're very strategically saying every single person in America gets to be part of the best part of America, which is entrepreneurship and everybody will be part of the equity nation. And we have a a large number of people in this country who do not feel safe. And the reason they don't feel safe is because they don't think their kids are safe. To the point at which people do not want to have kids in this country because they feel the system is just too hard. This could change that. If people feel, "Hey, kids have a shot and I don't have to worry about my kids." I I worry about

my kids and I'm affluent. I can't imagine being a single parent and what anxiety you must have as a single mother or father and you're and you're making minimum wage and and you're behind the you know, the eight ball for your entire life. And now your kids are set. That's all people want. That's the only thing a parent wants is to make sure their kids have a better future. That was the promise of this country and somehow it went off the rails for the last two generations. This puts it back on the rails.