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Oct 26, 2024

On the Elections Day, Think About Your 401K

Dear Conservatives:

When it comes to casting a vote, exercise selfishness. There is a simple, pragmatic question that should always be at the forefront: what will this mean for your long-term financial security? Your 401K, your investments, your savings—all of these depend on a stable, functioning economy. And stability does not come from exclusion or disruption; it comes from inclusion, balance, and a measured approach to governance.

It is understandable that things like  DEI initiatives, or the visible presence of LGBTQ+ communities, can seem like liberal talking points that do not resonate with everyone. Maybe you have heard terms like "woke" tossed around as a criticism, or you have been told that the influx of immigrants is a threat to your way of life. But consider this: the future of the American workforce, the future of the communities in which you live, and even the future of your family, is inextricably linked to these very groups. The diverse communities are not going away, Trump or no Trump. Instead, they are becoming more integrated into the social fabric. The children of immigrants will sit next to your kids in school. LGBTQ+ individuals will work alongside you, contribute to the economy, and, yes, might even be part of your extended family someday. Their success is, quite literally, your success. Creating an environment where they are accepted, rather than alienated, fosters growth, innovation, and social harmony. The US a long track record to prove it. Have you considered why despite Trumpist dire warning of decline, the US Economy is the envy of the world?  

Immigrants make up about 14% of the U.S. population, yet they contribute to 36% of the country's innovation. These are the people who are starting businesses, developing new technologies, and driving the creative economy forward. Meanwhile, the "latte-toting white liberal eggheads," are not just part of some cultural elite—they are key players in the knowledge economy. They teach, they write, they innovate, and their contributions keep the engine of growth humming along. Without them, the country risks declining, not just economically, but culturally and intellectually. Think of those ageing and stagnating societies who chose to severely restrict immigration, like Japan.

It can be tempting, in moments of social upheaval, to support a political figure who promises to shake things up, to put a stop to what feels like an encroachment on traditional values. But beware of leaders who thrive on chaos. Disruption may feel satisfying in the short term, but it rarely leads to long-term prosperity. Your 401K does not thrive on drama; it thrives on steady, predictable growth. A president who flirts with authoritarianism, who shows disregard for democratic norms, and who stirs division for personal gain, is not going to create the kind of stability that ensures economic growth. It is like investing in a stock that is riding high today but could crash tomorrow on the whim of a reckless CEO. Why risk your financial future on such uncertainty?

The term "deep state" has been used to demonize career professionals within the government, but in reality, these are the people who understand the intricacies of national security, finance, and public health. They are not part of a shadowy conspiracy; they are experts who work across administrations to ensure the continuity of governance. When they express concern, it is worth listening. They, too, care about the long-term stability of the country—because, at the end of the day, that is what allows all of us, regardless of political affiliation, to thrive.

Think about the future you want to retire into. Imagine the kind of world you want for your children and grandchildren. Will it be one where communities are fractured and groups are pitted against each other, or one where collaboration and diversity are seen as strengths? Voting is not just about the next four years; it is about laying the groundwork for decades to come. It is about creating an environment where the economy can grow and where everyone, including you, can prosper. So as you approach the ballot box, think carefully. Think about your 401K.

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