Central banks and governments try to induce consumers to spend to help the economy while they take money away from savers who would like to be able to profitably invest. Rather than inducing them to consume more, they are forcing them to spend less in order to make their savings last through their final years!
Post Tagged with: "retirement savings"
September 10, 2012 05:50
FED Action Delays Retirement – Means Fewer Jobs for Young Workers
There is not a chance in hell that younger workers are going to prosper looking at this chart. As a result, future tax revenues will be less than planned. The economy will lag well below potential. – Bruce Kasting
September 14, 2010 04:00
Retirement Fund Trillions Lure Governemnt Grabbers
Is the government making plans to confiscate your retirement money? The Obama administration is certainly exploring the idea.
August 25, 2010 04:28
More leftist lunacy – Kerry’s forced IRA
Another redistribution of wealth plan is for the government to force everyone to have an IRA that is invested in the US debt. This is a worse ponzi scheme than social security.
May 5, 2010 06:27
Hands Off Our Retirement Savings! – Rep. Michele Bachmann
There have been rumblings from the Obama Administration regarding efforts to create “Guaranteed Retirement Accounts” and impose new government mandates which would undermine 401(k) retirement savings plans and jeopardize employers’ willingness to continue offering them to their workers.
