The article is exactly right. Even if this "freeze" goes as proposed it's $250 bln over 10 years. That's pretty much a rounding error. It's one more example of "how do we fool the rubes this time"
The article is exactly right. Even if this "freeze" goes as proposed it's $250 bln over 10 years. That's pretty much a rounding error. It's one more example of "how do we fool the rubes this time"
This is merely window dressing. It will have precisely 0 impact.
What will is what I anticipate will be the “Wednesday night surprise” when the Resident announces tonight the unveiling of the new government-mandated savings program. I’ve heard too many references of late as to how the government intends on helping us save by mandating contribution into a retirement annuity. What better time to show their benevolence than at the SOU address?