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Tom Savidge

Tom Savidge

Research Fellow at the American Institute for Economic Research (AIER), specializing in state and local policy, fiscal policy, and pension liabilities.

Jun 23, 2026

18:09
Tom, what what am I getting right versus where do you think I may be overstating or overly optimistic here?
18:16
You know, I think there's a great point there that, you know, you talk about the ownership, you talk about philanthropists wanting to, you know, wanting to invest in their community in some way.
18:25
And, of course, there's lots of concerns with how you do it.
18:28
And, you know, you're kind of hitting on the fact that there are tradeoffs to those actions.
18:32
Is it, you know, am I going to invest in a business and then that business is going to help? you know, sustain a community and can I give it to them directly? But I think too, you know, one point I also wanted to add as well is that I believe these accounts are actually going to be managed at a private investment business.
18:50
You know, I think of Schwab off the top of my head, but there were a couple of different ones.
18:55
It's not going to be at an account in the treasury.

22 MINS LATER

40:53
Tom, what do you think?

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