Mike MilliganFounder and CEO, 1.oak Financial · Founder and CEO, 1.oak Financial

The Disappearing American Dream: Wealth vs. Poverty in 2026

16 Apr 2026 · 1 min

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In this brief monologue, Mike Milligan warns that the U.S. government, facing a $39 trillion national debt and $139 trillion in unfunded liabilities, is shifting its revenue‑raising focus from low‑income households to individuals who earn, save, and invest—those with significant assets. He asserts that policymakers know where to find these asset‑holders and will target them to fund debt service. Milligan reinforces his point with a 1787 quote from John Adams, noting that America’s recurring financial confusion stems from a fundamental ignorance of the nature of money, credit, and circulation—a problem he claims persists into 2026.

Chapters

If you're a person who earns, saves, and invests, the government knows where to find you. When they need revenue to service the $39 trillion in debt and the $139 trillion in unfunded liabilities, they're not going to the bottom 50%. They don't have it. They're coming to the top. They're coming to the people with assets, which again is probably you listening to this right now. John Adams, our 2nd president, wrote in 1787, all the perplexities, confusion, and distress in America arise not from want of honor or virtue, but from the downright ignorance of the nature of coin credit in circulation. He said that 239 years ago, and it is still true in the year 2026.