> and it is maddening that the US entirely lacks a sovereign wealth fund for its citizens. Come on

But that would be socialism and socialism is bad.

Better to have everyone pull themselves up by their bootstraps than have them be debased by a government that actually provides for their welfare, like they're babies. Americans aren't babies, Americans are cowboys. Cowboys don't need a sovereign wealth fund or a nanny state, they just need a Bible, a gun and a good horse. All of which they're welcome to purchase at free market value.