Close Menu
    Facebook X (Twitter) Instagram
    TRENDING :
    • Are USPS forever stamp prices increasing this weekend? And should you stock up now?
    • Trump Accounts is a good idea with a bad brand
    • Stop eating these recalled frozen blueberries. The FDA thinks they’ve already hospitalized 4 people
    • The ‘Saturday Night Live UK’ logo is just British enough
    • Millions of student loan borrowers have 90 days to make a critical decision
    • FIFA is helping Trump make the World Cup all about Trump
    • This startup spent 2 years redesigning the toothpaste tube into a toothpaste pump
    • Founding Myths—With Tad Stoermer | The Nation
    Populist Bulletin
    • Home
    • US Politics
    • World Politics
    • Economy
    • Business
    • Headline News
    Populist Bulletin
    Home»Business»Trump Accounts is a good idea with a bad brand
    Business 3 Mins Read

    Trump Accounts is a good idea with a bad brand

    Business 3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email Copy Link
    Follow Us
    Google News Flipboard
    Share
    Facebook Twitter LinkedIn Pinterest Email


    President Donald Trump’s name has never less popular as a baby name than it is now, but he’s naming the next generation’s new savings accounts after himself anyway.

    Fewer Americans named their children Donald in 2025 than any year in U.S. history going back to the 1880s, according to Social Security Administration data. But for kids born between 2025 and 2028, they’re now eligible for new tax-advantaged investment accounts for kids called “Trump Accounts.” Also known as 530A accounts, their official name in government communications and the law that created them is named for Trump, and that could prove to be a hindrance for parents turned off by the partisan association.

    Just look to “Obamacare.”

    [Image: Trump Accounts]

    After then-President Barack Obama signed the Affordable Care Act (ACA) into law in 2010, critics of the healthcare law began calling it Obamacare as a pejorative, but the nickname stuck and eventually was adopted by proponents too.

    “I have no problem with folks saying ‘Obamacares,’” Obama said during a 2011 town hall. “I do care. If the other side wants to be the folks that don’t care, that’s fine with me.”

    But what you called the law mattered when pollsters asked. A 2013 Gallup poll found that when respondents were asked about the ACA, it had a 45% approval rating. When it was called Obamacare, though, its approval dropped to 38%.

    Regardless of party affiliation, majorities of Americans support ACA provisions like prohibiting private health insurance companies from denying coverage because of a pre-existing medical condition or to pregnant women. Calling it Obamacare, though, connects the law by name with a president some don’t like. Since Obama left office and the daily drubbing of partisan politics, though, the law’s approval has soared, reaching a high of 66% last June, per KFF Health Tracking polls.

    Research shows citizens use partisan cues or shortcuts to form opinions, and naming programs after presidents creates an immediate shortcut that might turn off voters of the opposite party, even if they might otherwise show support under a different name.

    [Image: Trump Accounts]

    Democrats have put forward their own ideas for investment accounts for kids before. A “baby bond” program under the proposed American Opportunity Accounts Act cosponsored by Senator Cory Booker of New Jersey would have been publicly funded and financially progressive, so the benefits wouldn’t most accrue to the wealthy who can most afford to fully fund the accounts to their maximum limits annually, as they can under the Trump administration’s program. (Though Booker’s proposal hasn’t passed, he has worked across the aisle with Republican Senator Ted Cruz of Texas to urge CEOs to donate to the Trump administration’s new accounts.)

    To get their own version of an account for kids passed under Trump, Republican lawmakers turned to flattery. An early proposal for the accounts called them “Money Accounts for Growth and Advancement” accounts to make an acronym for MAGA, but the accounts were renamed “Trump accounts” for the One Big Beautiful Bill Act passed last year.

    Trump has long worked to take credit for government programs and spending (even if he had nothing to do with it), and the Trump accounts are the latest example. If he really wants them to have the best chance of success, though, the best thing he could do might be to rebrand the accounts by a less polarizing name. Parents aren’t naming their kids after Trump these days. Perhaps the federal government could follow.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Are USPS forever stamp prices increasing this weekend? And should you stock up now?

    July 7, 2026

    Stop eating these recalled frozen blueberries. The FDA thinks they’ve already hospitalized 4 people

    July 7, 2026

    The ‘Saturday Night Live UK’ logo is just British enough

    July 7, 2026
    Top News
    Business 4 Mins Read

    ‘Wicked: For Good’: Box-office predictions, review roundup, and more

    Business 4 Mins Read

    The gap between the release of the movie musicals Wicked: Part I and Wicked: For…

    Tomorrow, the MTA will stop selling MetroCards. Good riddance

    December 30, 2025

    5 neuroscience-backed tips for beating procrastination

    March 22, 2026

    15 small changes that can improve the quality of your work life

    October 30, 2025
    Top Trending
    Business 2 Mins Read

    Are USPS forever stamp prices increasing this weekend? And should you stock up now?

    Business 2 Mins Read

    The price of a “forever stamp” could rise this weekend. Here’s what…

    Business 3 Mins Read

    Trump Accounts is a good idea with a bad brand

    Business 3 Mins Read

    President Donald Trump’s name has never less popular as a baby name…

    Business 4 Mins Read

    Stop eating these recalled frozen blueberries. The FDA thinks they’ve already hospitalized 4 people

    Business 4 Mins Read

    During the hot summer months, there’s hardly anything better than chomping down…

    Categories
    • Business
    • Economy
    • Headline News
    • Top News
    • US Politics
    • World Politics
    About us

    The Populist Bulletin was founded with a fervent commitment to inform, inspire, empower and spark meaningful conversations about the economy, business, politics, government accountability, globalization, and the preservation of American cultural heritage.

    We are devoted to delivering straightforward, unfiltered, compelling, relatable stories that resonate with the majority of the American public, while boldly challenging false mainstream narratives that seem to only serve entrenched elitists, and foreign interests.

    Top Picks

    Are USPS forever stamp prices increasing this weekend? And should you stock up now?

    July 7, 2026

    Trump Accounts is a good idea with a bad brand

    July 7, 2026

    Stop eating these recalled frozen blueberries. The FDA thinks they’ve already hospitalized 4 people

    July 7, 2026
    Categories
    • Business
    • Economy
    • Headline News
    • Top News
    • US Politics
    • World Politics
    Copyright © 2025 Populist Bulletin. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.