Your own fault for remaining average, the farmable demographic to the rich. Do better.

A backdoor way to prop up stock market and artificially raise stock prices

Sorry, what? Why is this a wrong thing for Trump to do? I think what you're describing is a similar thing to how Australians are made to put money into superannuation because some people are too just too irresponsible financially to look after themselves. The alternative to this is to fund the retired population with the taxation of the working class or to not do that and just throw old people out on their ass to suffer and die.

Europe already has it . It's called pension. 5-10% of the wages goes to a bank reserves used for military or social security.

引用自 talemore：

Europe already has it . It's called pension. 5-10% of the wages goes to a bank reserves used for military or social security.

The thing is we already have that.

引用自 shoopy：

引用自 talemore：

Europe already has it . It's called pension. 5-10% of the wages goes to a bank reserves used for military or social security.

The thing is we already have that.

No, you have 401k but it's not a pension.

Don't they already do that for Social Security?
At least this Ponzi scheme slush fund Program MIGHT actually keep up with inflation.

引用自 talemore：

引用自 shoopy：

The thing is we already have that.

No, you have 401k but it's not a pension.

We have 401K *and* social security. They are two different things and we can have both.

The 401k doesn't allow the government to protect its own nation when needed.

The 401k isn't handled by the government but by a deep state.

It as well gambles the cash on a world market. Which means in practice when the poo hits the fan the 401 K going to be sucked up to cover the banks.

That's the difference, you may gamble by keep changing president every 4th year. But you gamble as much with 401K.

引用自 sick duck：

Sorry, what? Why is this a wrong thing for Trump to do? I think what you're describing is a similar thing to how Australians are made to put money into superannuation because some people are too just too irresponsible financially to look after themselves. The alternative to this is to fund the retired population with the taxation of the working class or to not do that and just throw old people out on their ass to suffer and die.

Yeah he's basically copying Australia. The issue is that many people have a budget, and losing 12% (additional 6%) of your salary is going to mess with people. Unfortunately lots of people already live paycheck to paycheck and if you force them to take these deductions its going to be bad for them.

引用自 xDDD：

Don't they already do that for Social Security?
At least this Ponzi scheme slush fund Program MIGHT actually keep up with inflation.

Not really social security has 12.4% of your paycheck taken out, the difference is its split 6.2% from you and 6.2% from your employer. So its going to basically double how much of your salary is taken and give the employers yet another tax break in that they won't have to pay a penny of it and the entire 12% instead of 6.2% will now come out of your salary.

So if SS at 12.4% isn't keeping up with inflation, this program at 12% definitely won't.

Force 350 million people to invest in stocks by law and after you pass your law you sell your stocks for big inflated profit

$1000 per person x 350 million = 350,000,000,000 hypothetically

引用自 talemore：

The 401k doesn't allow the government to protect its own nation when needed.

The 401k isn't handled by the government but by a deep state.

It as well gambles the cash on a world market. Which means in practice when the poo hits the fan the 401 K going to be sucked up to cover the banks.

That's the difference, you may gamble by keep changing president every 4th year. But you gamble as much with 401K.

That doesn't change the fact that we have a government social security program that takes 6% of your income.

Ask where the USA debt is coming from.

It's social security. Not a pension or a reserve used.

Wars need to be created to pay your social security. That is why USA creates wars.

引用自 shoopy：

引用自 talemore：

The 401k doesn't allow the government to protect its own nation when needed.

The 401k isn't handled by the government but by a deep state.

It as well gambles the cash on a world market. Which means in practice when the poo hits the fan the 401 K going to be sucked up to cover the banks.

That's the difference, you may gamble by keep changing president every 4th year. But you gamble as much with 401K.

That doesn't change the fact that we have a government social security program that takes 6% of your income.

Now they will be taking double that if Trump has his way.

引用自 talemore：

Ask where the USA debt is coming from.

It's social security. Not a pension or a reserve used.

Wars need to be created to pay your social security. That is why USA creates wars.

The government is only in debt to social security because they keep borrowing it and using it for other things. They borrow the money meant to be used by the people and end up having to pay it back, which creates a debt for them. The fund is actually big enough to cover everyone still. It actually used to make a profit.