“Should the federal government play a larger role in helping to set up retirement plans for these workers?” It would appear Epperson never heard of individual retirement accounts.
If I recall correctly, IRAs were established originally to be specifically for people who didn’t have a retirement plan at work.
But, these accounts are not administered by the government. This is a key point which Democrats may not appreciate. These accounts are voluntary but also not under the control of the government.
I think that IRAs are a great concept, and I hope that we don’t see them tampered with.
We’ve heard talk in recent years that the federal government has its eye on the trillions of dollars which people have saved in IRAs and 401K plans. I hope that never happens.
If that were to happen, it will make The French Revolution seem like a church social.