U.S. News & World Report on 401(k) Demolition: Socialism »
Posted By swasdiva 1 year, 2 months ago in NewsUS News columnist James Pethokoukis has one word for the nationalization of tax-deferred retirement plans: Socialism. This is exactly what cash-strapped Argentina just did in the name of protecting workers’ retirement accounts. Now, even Uncle Sam isn’t that stupid, but some Democrats might try something almost as loopy: kill 401(k) plans.
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swasdiva
I like chilling on my zen cloud, floating down occasionally to throw in my two cents.
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