My Family Never Had Generational Wealth, but Trump Accounts Are Providing That for My Kids
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Home – Political Commentary & Opinion – My Family Never Had Generational Wealth, but Trump Accounts Are Providing That for My Kids
My Family Never Had Generational Wealth, but Trump Accounts Are Providing That for My Kids
My grandmother came to the mainland from Puerto Rico not knowing a word of English. My grandfather, born in Hell’s Kitchen, worked four to six jobs at a time just to keep the lights on—groceries sometimes bought on credit—before spending his career as a detective sergeant with the NYPD.
On my father’s side, my grandparents were African Americans who left the segregated South during the Great Migration for opportunity in the North. My grandfather served in World War II and later worked the docks and side jobs to provide for his family. My grandmother was a stay-at-home mom who suffered a stroke early in life. Neither side of my family had savings accounts to speak of. They had grit, faith, and each other.
My parents were both born into government housing. They worked their way out of it, making sure I never had to know what that felt like. I did not inherit money. I inherited a work ethic and a belief that the next generation should have it better than the last.
Now I am the father of (almost) two girls. For the first time in my family’s history—spanning four generations and two cultures—my children will start life with something none of their ancestors ever had: a financial head start, backed by their own country, before they’ve taken a single step.
That is what Trump Accounts represent, and why this policy deserves more attention than it is getting.
Signed into law as part of the One Big Beautiful Bill Act, Trump Accounts officially launched........
