Topic: Superannuation

1 chapters across the catalog

Adult Day Care
Episode 1885 1:36:58 - 1:42:04

1885: Adult Day Care

Australian Superannuation, Social Security Reform

Donald Trump is exploring a retirement savings model based on the Australian "superannuation" system, which mandates that employers contribute a percentage of wages into private investment funds. Proponents argue this would provide better returns than the current U.S. Social Security system, which is described as a "big loser" due to government mismanagement of the general fund. Trump has tasked Scott Bessent with investigating the feasibility of this transition.