Billionaire Joins Trump Plan, Calls it 'Investing in Kids'
Ray Dalio, whose Bridgewater Associates famously manages trillions, joins Scott Bessent (former Trump fundraiser) in championing 'Invest America' accounts, slated to launch July 4, 2026. The pitch? It's for 'every kid' in Connecticut. One might wonder why, with such philanthropic intentions, these billionaires aren't pushing for universal pre-K or fully funded public schools through the existing
democratic process, rather than a plan unveiled by figures tied to a political campaign. This isn't about 'investing in kids,' it's about investing in optics and political capital. While Dalio's massive fortune grew from market speculation, including during periods of national economic strain, average families struggle to save for college amid rising costs and a stagnant minimum wage that hasn't
budged federally since 2009. The notion that a program linked to a politician and funded by the ultra-rich is the solution for children's financial futures, rather than systemic change, is, shall we say, a rather 'rich' suggestion.