Larry J: “I doubt the politicans have the guts to try and do that… Do you think that millions of people are just going to sit back and let them steal our retirement savings that brazenly?”
Well, yes. Think about how many people in this country are enchanted with tax schemes designed to “soak the rich”, with “the rich” being defined as anyone with an annual income over $70,000. Think where this sort of argument could go– “the rich” don’t need that extra money, do they, and they’re all hoarding it away where “us little people” can’t have it! They cheated on the Social Security system, which is of course right and proper and by definition provides a decent, if minimal, retirement! You get the picture.
Any politician who can frame it as a class warfare issue will probably get off scot-free.
