Trump signed an executive order that will remove much of the paperwork, economic safety protocols, and legal hoops, and even provide hands-on guidance, to people who want to start businesses. But only for people and companies that have a minimum of a billion dollars to invest.
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| The Investment Accelerator will make Americans less safe from the harmful business practices of the ultra-wealthy, bypassing regulations set up for our protection. This plan will only be available to billionaires—Regular folks need not apply. |
Today's order establishing what Trump calls the "Investment Accelerator," Trump is offering foreign and domestic billionaires to start more businesses. This will further entice wealthy foreigners to pay their $5 million fee to move to the United States and start businesses with little effort. The Investment Accelerator will be part of the Department of Commerce.
For smaller investors, there are no changes, and you'll have to cough up your own money for lawyers and accountants to help you through all the paperwork and hurdles, with no special guidance counselor paid for by American taxpayers.
Although Trump desires giant investments, small businesses have been and still are the backbone of the United States economy. But only 50% of small businesses make it to the 5-year mark, due to scale and cashflow issues. Small businesses spur innovation and competition, and are a feature, rather than a bug, in the US system. Despite their struggles, President Trump is hellbent on making sure they do not receive any relief, whether through tariffs that will increase prices on them, or through creating labor scarcity, or with this slap in the face, in which billionaires will be coddled and have their hands held.
Establishing the United States Investment Accelerator – The White House
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