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Most of this country will not be able to save enough for retirement. It might make sense here to just eliminate 401ks and IRAs and use the meet increase in that revenue to expand SSA to actually be a national pension program. But politics kinda prevents this.

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I actually see this as a way forward, depending on how dire the situation gets. An alternative, yet more radical path, is the Federal Reserve buying up income producing securities and issuing citizen dividends from those securities directly to citizens using FedAccounts (essentially UBI).

UBI is an ideological conundrum for most of America. We all voted down free $1000/mo and Medicare For All when Yang and Bernie were eliminated in the Democratic Primary. That just shows how much we are driven out of spite and a one-sided mentality.

Also Joe Biden wants to cut social security so good luck with that happening. https://www.youtube.com/watch?v=9X3UiSvgle0

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