It was the idea to get the Trillions of dollars out of 401K's into the economy. It will also create more dependence on the govt later in life.
Mission accomplished. Their goal was to tap 401K's just not directly, but to get the only people with access to them, to do it for them.
posted on 03/06/2013 12:01:56 PM PST
($1.84 - The price of a gallon of gas on Jan. 20th, 2009.)
Also puts more taxable money out on a current basis, and the govt is getting an extra 10% in penalties on much of the money, as well.
posted on 03/06/2013 12:17:45 PM PST
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