This dude is just winging it.
What's next? Seizing the means of production? What kind of party are you running over there? I can think of lots of other people I'd want to manage our money rather than a Donald Trump led government... how long until the government is the largest owner of Trump Media?
I'd love to hear what conservatives think of this idea.
Trump unveils plans for U.S. 'sovereign wealth fund' like Saudi Arabia and reveals how he would pay for it | Daily Mail Online
Donald Trump unveiled a radical new plan to use cash from tariffs to fuel a sovereign wealth fund to invest in roads, airports and defense technology on Thursday.
It is the sort of 'build the wall' idea beloved by the former president as he searches for a populist proposal that can excite voters.
Wealth funds are generally set up by governments awash with spare cash generated by oil or gas finds. And Saudi Arabia, the United Arab Emirates and Kuwait have some of the most powerful examples.
But the idea will face the immediate skepticism of economists amid questions about whether Americans would trust politicians to invest billions of dollars on their behalf and whether it is even constitutionally possible.
What's next? Seizing the means of production? What kind of party are you running over there? I can think of lots of other people I'd want to manage our money rather than a Donald Trump led government... how long until the government is the largest owner of Trump Media?
I'd love to hear what conservatives think of this idea.
Trump unveils plans for U.S. 'sovereign wealth fund' like Saudi Arabia and reveals how he would pay for it | Daily Mail Online
Donald Trump unveiled a radical new plan to use cash from tariffs to fuel a sovereign wealth fund to invest in roads, airports and defense technology on Thursday.
It is the sort of 'build the wall' idea beloved by the former president as he searches for a populist proposal that can excite voters.
Wealth funds are generally set up by governments awash with spare cash generated by oil or gas finds. And Saudi Arabia, the United Arab Emirates and Kuwait have some of the most powerful examples.
But the idea will face the immediate skepticism of economists amid questions about whether Americans would trust politicians to invest billions of dollars on their behalf and whether it is even constitutionally possible.
