If you confiscated 100% of 401ks, the national debt would go from 33T to 30T probably.....and lots of traitors would be hanging from lampposts.
Argentina confiscated everyone’s retirement funds from whatever source, spent it til it was gone, but no one was hanged.................
If they confiscated 100% of 401ks, they would give it away to bums, derelicts, and degenerates here and abroad.
They aren’t going to pay down the debt when they take them. They are going to take them under the guise of “white supremacy” and give them to someone more deserving and with more melanin.
I think that debt is a tool that the Globalists depend upon. Whether we owe $33T or $30T is fine with them. They are not trying to get our debt down to $0. They like debt. It’s a control mechanism.
What they dislike is independent people. Your 401k helps you stand up straight and be free. So, they want to take your 401k. Just so that you won’t have it any more.
Of course, they will use that money for nefarious purposes. But using the money is a secondary goal. Taking it away from you is all they really want to do.
I don’t expect they’d outright confiscate them as subject them to a hefty tax and/or maybe start carving “excess” Medicare costs out as well.