Come on Jimmy, the elite will not cut off their noses to spite their face. The people with the power to change things are invested heavily in the stock market. If the government tried to dip into 401(k) and IRA funds, the powerful will know in advance. That would cause a massive sell-off of stocks, killing the goose that lays golden eggs for the powerful/wealthy. Ergo, it ain't happening. Thanks for playing, we have some nice parting gifts, but 401(k) and IRAs are safe.
There are a lot more voters w/o 401Ks than with and I bet there is a racial disparity too - eat the rich as they say