We need a solvent national pension for people who don’t waht to think about it or are not financially literate, a voluntary one.
Social Security needs to be there for those whose ability to save for retirement was leeched away, many have no option. Phase out, buyout, I have no idea what would both work and be politically acceptible.
401K plans have been more of a boon to the wrong people than the recipients of the plan, the billions of inflow every month have hidden all manner of malfeasance to the point that I distrust stock valuations.
Flame away.
I’m not flaming, perhaps (you have stolen my often-used sign-off, Flame away,” BTW”), but if people are too stupid to take care of themselves I just can’t get behind the idea that the fruits of MY labor need to be taken at the point of a gun for their benefit.
This idea that we need a Federal/national whatever to achieve some “social good” is a crock, a fundamental crock, and the obvious ruination of this once great, once Constitutionally-based country. It is Socialist/Communist/Marxist in its basic assumptions, and - I’m afraid - in the totalitarian measures that are ultimately used to enforce such schemes.
Download a PDF of “None Dare Call IT Conspiracy” - written 1972! - to get some understanding what’s going on here. And keep your hands out of my pocket!