Clinton proposes 401(k)s, matching funds
WEBSTER CITY, Iowa - Every citizen could get a 401(k) retirement account and up to $1,000 in annual matching funds from the government under a plan offered Tuesday by Democratic presidential candidate Hillary Rodham Clinton.
She's allegedly dropped the $5K/baby plan. She now says it was "just an idea" and not a "policy proposal". Sure it wasn't Hillary.
3 comments:
They only consider it "buying votes" if you use your own money... using taxpayers' money is ok though.
What really butters my muffin on the wrong side is that people are SO stupid and economically illiterate that they can't see that the extra taxation incurred sucks up the "free money".
It's like raising the minimum wage. The microsecond a hike goes into effect, so do prices - effectively negating the raise (although effectively giving politicians a fresh platform of stale promises every year).
That reset button needs to be whacked pretty soon.
The number of people who do not understand basic economies, laws of supply and demand, and that money, in fact, does not grow on trees is downright amazing. Of course, these are probably the same people who consider tax "refunds" to be free money, at the grace and kindness of the government.
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