re: This next generation of American kids are going to be rich

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I know it chaps your arse (and all lefties), but it will be a great legacy in years to come.

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I'm not sure why leftists would be upset about free money. That's kind of their thing.

I'll try to have an intelligent discussion about this here.... so he's giving away a bunch of free money while reducing taxes, obviously that will make the national debt worse which most of us are not in favor of. However, this money is going to be invested into index funds which should benefit the economy in the short term (benefits to business owners, corporations, and people who own assets). In the long term, this is being advertised as a way to reduce inequality. (Poor people don't tend to have college funds set up for their children. This gets that started for them with free money and encourages parents and employers to contribute more towards it). It also gets more people invested in the stock market which should spurn more economic growth. People who otherwise would have never owned stocks will now be invested in index funds. It adds a whole new market of investors to stimulate the market. Seems like this will drive up inflation, but at the same time stimulate the economy. He's obviously shooting for the trickle down economy angle. The increase in national debt thing is difficult for me to fully understand, because we are essentially borrowing money to give to companies in the short term that will be given back to consumers in the long term.

I also noticed that these people will only be able to withdraw the money at 18 for either education, a home, or to start a business. I think that's a key thing. It forces adults to keep that money invested instead of just buying a dodge charger, and they will continue to pay attention to the stock market until they are 31. At that point they will either make more intelligent decisions or they are a lost cause anyway.

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Might help baby population (we need more).

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I can't imagine this does anything for the baby population since the funds are inaccessible by the parents or by the children until they are older. The only changes in this bill that might affect the baby population are the requirements for childless able-bodied adults to work for medicaid and SNAP and the decreased funding for planned parenthood. You might have some undesirables having children so they can keep their benefits without having to go back to work.

Anyway that's a lot of words to say I'm a bit uncertain of how I feel about this. I'm normally completely against free money but this method may have some benefits.