Gerstner proposes putting up $10-15 million to incubate Invest America accounts directly instead of lobbying.
“I don't wanna go spend 10,000,000 in Washington to lobby them to create the Invest America account. Let's you and I put up the money. Let's incubate this.”
Gerstner proposes putting up 10 to 15 million dollars to build Invest America proof of concept.
“Let's, you know, let's let's put up $10.10, $15,000,000. Let's distribute it to families, $2,000 at a pop. Let's build a proof of concept, hire a great CEO.”
Gerstner calculates that Invest America started thirty years ago would give 29-year-olds $250,000 today.
“If we had started this thirty years ago, a 29 year old today would have over $250,000 in their Invest America account.”
Gerstner proposes legislation for Treasury to create 3.7 million private investment accounts annually for every child born.
“It's legislation that would cause the treasury department to create 3,700,000 private investment accounts a year. So we have 3,700,000 children born a year.”
Gerstner proposes federal government seed $1,000 S&P 500 accounts for all newborns since 70% never benefit from investment.
“Seed it with $1,000 in the S and P 500 because today, 70% of families and kids will never benefit from savings or investment, right?”
Gerstner proposes federal government seed $1,000 S&P 500 accounts for 3.7 million children born annually.
“This idea is a bipartisan piece of legislation where the federal government will seed a private investment account for every child born in America. So think about this. 3,700,000 children born a year.”
Gerstner proposes seeding 3.7 million accounts annually with $1,000 each, costing $3.7 billion yearly.
“This legislation will cause the Treasury Department to set up 3,700,000 private accounts. Those private accounts will be seeded with $1,000 from the federal government.”
Gerstner says Invest America would cost $3.7 billion annually, less than one-tenth of 1% of federal revenue.
“The total cost to the government is $3,700,000,000 less than one tenth of 1% of our federal revenue.”
Gerstner states expiring individual tax cuts are worth 150 billion dollars or 60 basis points of GDP.
“the individual tax cuts, which included increasing the child tax credit, the standard deduction, it's it's worth about a $150,000,000,000 a year to put it in perspective.”
Gerstner argues US can address nuclear cost problems through regulatory consolidation and clustered reactor construction.
“It seems to me the first two, right, we can tackle, right? You can consolidate the regulatory environment in The United States so that you reduce the time to bring one of these things online and I also think that if you clustered some of these, if we wanted to get back to building more of these reactors”
Gerstner proposes every child born gets a $1000 Invest America account in S&P 500.
“So every child born, 3,700,000 children born in this country a year, they all get a thousand dollar investment account invested in the S and P 500.”
Gerstner describes Invest America as creating 3.7M annual investment accounts for newborns with corporate contributions from Uber, Dell, Oracle, Nvidia.
“So the idea is that the federal government would cause to be created 3,700,000 investment accounts a year for every child that's born in America.”
Gerstner calculates that $1,000 seed accounts for all newborns would cost $3.7 billion annually.
“So if you give $1,000 in a seed capital account to each of the newborns in this country every year, it costs $3,700,000,000 Okay? $3,700,000,000”
Gerstner argues regulatory burdens keep companies private longer, harming retail investors.
“I think we're better off as a country when these companies are coming public sooner. But that's that's in fact what's happened. So we invest early.”
Gerstner argues Trump may have principled decade-long belief in tariffs beyond tactical negotiating.
“I think that Trump may in fact have a much, much deeper and more principled belief in tariffs. If you listen to his speeches, if you read them, and this goes back over a decade.”
Gerstner suggests Trump believes America peaked during 1880s high-tariff era before income tax replaced tariff revenue.
“So prior to 1910, which is when we got the income tax, right, the vast majority,”
Gerstner argues sovereign wealth fund must clear 5% hurdle rate given $40 trillion debt at 5% cost.
“So we're a debtor nation, and we're paying 5% on all that debt. So the hurdle rate to our return that is needed on the sovereign wealth fund, right, is 5%.”
Gerstner says tariffs aim for $500 billion versus current $50 billion, a 10x increase targeting China, Canada, and Mexico.
“The president is targeting 500,000,000,000, so a 10x increase in tariff revenue. Right? He just announced today, again, China, Canada, Mexico.”
Gerstner says Invest America would give 3.7 million kids born annually a private account like a 401(k).
“3,700,000 kids born a year. They each get a private account. Think of it as a four zero one k from birth.”
Gerstner says 70% of Americans lack compounding accounts and proposes $1,000 at birth in private federal accounts.
“We need to get them into the game. So it's a thousand dollars at birth, seeded by the, the federal government, but private accounts.”
Gerstner says $3.7 billion annual cost for Invest America equals one Patriot missile battery, calling it budget dust.
“Just to contextualize that, that's about the cost of a single Patriot missile battery. In in Washington, they call this budget dust.”
Gerstner argues it is too early to regulate AI, comparing premature regulation to regulating auto industry out of existence.
“I think we definitely are in the camp that it is way too early to obstruct American AI with you know useless regulations like we don't even know what we should be regulating.”
Gerstner proposes giving every newborn a $1,000 S&P 500 account with corporate contributions from major companies.
“You start every child at birth, 3,700,000 kids with $1,000 investment account in the S and P 500. It's a four zero one ks from birth.”
Gerstner says his Invest America proposal was included in reconciliation bill after three-year fight.
“I fought for this for three years. We just got it included in the reconciliation bill. The House lost their mind, some freedom caucusers and tried to rename it MAGA accounts.”
Gerstner reports 65 million kids qualify for Invest America accounts, with launch expected early December.
“at the start today, there are 65,000,000 kids in the country qualified for an Invest America account, every kid under the age of 18.”
Gerstner predicts 60 million Invest America accounts will be created by June, calling it a massive change.
“60,000,000 accounts created this year by June. Invest America Trump accounts are gonna change the game. It's gonna be a massive change for this country.”
Gerstner announces that starting July 4, 2026, every child born will receive a thousand-dollar investment account at birth.
“In 2026, this year on July 4, every child born forevermore, think about that, forevermore. This is the magnitude of Social Security.”
“The president said last week, twenty years from now, there will be a 100,000,000 kids and families that have 3 to 4,000,000,000,000 in wealth that would have otherwise had zero because they start off with a thousand dollars, and we add money to those accounts.”
Gerstner announces Invest America accounts launching July 4th with automatic $1,000 for every newborn.
“Starting in, on July 4, just sixty days from today, every child forevermore born in America will start off with an investment account at birth, automatic, stapled to their Social Security with a thousand dollars in the S and P 500.”
Gerstner says Invest America law launches in sixty days with automatic accounts for every child.
“It's an unbelievable dream that became law last July 4. Starting in, on July 4, just sixty days from today, every child forevermore born in America will start off with an investment account at birth,”
Gerstner opposes any government seizure of company equity regardless of party, calling it unconstitutional and un-American.
“You pick the number. I don't care who's suggesting it. I don't care if a Republican suggesting it. I don't care if a Democrat's suggesting it.”
Gerstner cites research showing children with savings have better educational, economic, and incarceration outcomes.
“And we know when kids have savings, when they have investment, they're more likely to graduate from high school and college. They're more likely to buy a home.”
Gerstner announces that starting Saturday, every American child born will receive a $1,000 S&P 500 account at birth.
“The idea that starting this Saturday, every child born forevermore forevermore in the history of America will get an investment account at birth, seeded with a thousand dollars in the S and P 500 that will compound for their lifetime.”
Gerstner opposes Bernie's proposal to take 25-50% of AI companies but supports voluntary 1-5% contributions.
“I totally disagree with Bernie's suggestion that you're just gonna take 50% of these companies or 25% of these companies.”
“Every child forevermore born into this country under the age of two is gonna get a thousand dollars invested in the S and P 500 that can compound for their lifetime.”
Gerstner describes a savings scenario starting with one thousand dollars matched at birth plus ten dollars weekly.
“If you start with $1,000 and it’s matched at birth and you save… $10 a week.”
A government official credits Gerstner with changing how people think and enabling their accomplishments.
“He made everybody think differently. I don’t think I ever could have accomplished what I did in my little space in state government if he hadn’t been alongside me.”
Gerstner says someone accomplished a policy goal without lobbyists and had a president who immediately understood the concept.
“He did this himself. He didn’t have lobbyists. He didn’t hire people … And he happened to have a president who got the concept immediately and understood it.”