For close to 3 years now the Left has been chattering about the “failed 401K scheme” in the oddball places on the web where they hang out.
Generally that’s a sign they are getting ready to pull the trigger on something.
End game is to absorb all the underwater union pension plans and make Uncle Sam the majority shareholder in most corporations (giving D.C. unbelievable power). Of course it will be more “fair” as resources will be distributed evenly from a central pot.
They’ve been chattering about student loan forgiveness for just as long. Look for that shoe to drop soon.
Conditioning the frail minds who believe that the USG is the overlord, benefactor to all.
Makes it easier once the zombies have been convinced that 401k’s are evil, elitist, white privilege, etc...
Goebbels’ legacy lives on...