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  1. Repost since I got no answer last time.

    Is there anything out there debunking this Time Magazine piece and/or the studies it quotes? Rush mentioned it, but I didn’t get to hear the rest of it. It ticks me off because it’ll be used as an excuse to raid our 401k’s and I don’t want the government in my money.

    http://business.time.com/2012/11/28/fiscal-cliff-why-congress-might-have-to-mess-with-the-401k/

    Addendum: One of those “studies” is Danish. What the hell would the Danish know about our system?

    Comment by zf — November 30, 2012 @ 2:03 pm

  2. #1, I intend to look into this to see if it is more than just some guy spouting off, which was the case a few years ago. Not that such spouting is unimportant, b/c it can be a bellwether.

    Comment by Tom — November 30, 2012 @ 3:50 pm

  3. #2, Agreed, especially if the sprouter is going to throw studies out there that supposedly back he or she up.

    Also, the Atlantic also claimed 401(k)’s were a dinosaur (as opposed to what? cutting edge, modern programs like Social Security?) and a waste of money but apparently their story is a rehash of the Times story (with that same “Danish study”) so I don’t care about that one.

    Comment by zf — November 30, 2012 @ 6:08 pm

  4. #1, it will never pass a Republican Controlled House.

    Comment by dscott — December 1, 2012 @ 8:23 am

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