Billionaires Fund 'Trump Accounts' While Kids Go Hungry
The Financial Times breathlessly reports that Michael and Susan Dell are pledging $6.25 billion to fund ‘Trump Accounts’ for children. A noble cause, perhaps, if one ignores the fact that these 'accounts' are designed to funnel funds to a presidential candidate whose policies consistently enrich the ultra-wealthy at the expense of social programs. This isn't philanthropy; it's a strategically
laundered political donation. While Dell Technologies, from which Michael Dell derives his fortune, received billions in tax breaks and government contracts under previous administrations, this move by the Dells appears less about child welfare and more about ensuring a favorable political landscape for corporate interests. Critics might wonder if this generosity extends to ensuring those children
have universal healthcare, properly funded schools, or protections from predatory capitalism — policies often undermined by the very politicians such 'philanthropy' supports.