In the waning year of Bush43, Dems were making noises about taking IRA, 401(k), and 403(b) accounts.
“In the waning year of Bush43, Dems were making noises about taking IRA, 401(k), and 403(b) accounts.”
National debt = $17 trillion
Value of pension money (IRA’s & 401K’s) in private citizen’s hands = $17 trillion
In October 2013 the International Monetary Fund called for a one time levy on private savings to restore “debt sustainability” to highly indebted nations.
Coincidence?