Democrats have been talking about doing this for a long time. I watched Richard Gephardt being interviewed more than a decade ago and he was floating the idea, rationalizing it with ‘private investment of retirement funds needs to be done by the federal government because individuals won’t know how to do it without getting burned.’ The democrap party went european socialist decades ago. We’re just starting to realize how much they hate the We The People Republic.
I believe they did this in Hungary just rescently