They should be allowed to buy indices once a year, and only sell them when they leave office.
This encourages them to actually improve the economy but prevents them from using insider info to a large extent.
Perhaps it should be a new index that tracks a bunch of the major and minor indices, so anything they did try to pump would have minimal effect, but shutting devastating to the wider economy (like tariffs, spring workers, killing aids programs that funded US farmers etc) would be resisted.
They should be allowed to buy indices once a year, and only sell them when they leave office.
This encourages them to actually improve the economy but prevents them from using insider info to a large extent.
Perhaps it should be a new index that tracks a bunch of the major and minor indices, so anything they did try to pump would have minimal effect, but shutting devastating to the wider economy (like tariffs, spring workers, killing aids programs that funded US farmers etc) would be resisted.
But I’m not American nor an economist so 🤷
There are already whole-market indices they can invest in.
I’d be careful to not encourage short term economic growth, which it may do if they’re allowed to sell directly when they leave office.
That’s why I say only sellable after term is complete.
Perhaps a delay after that point would encourage policies that stand the test of time.
This is where proper taxation comes in. They should not want to sell it all at once.