From the Wall Street Journal. Select quotes, rearranged for maximum irony:
The average 401(k) balance was $131,700 at the end of 2024.
“What’s more important to me than having a few extra dollars in my retirement is that this country is set up for success,” Paris said.
The couple have lost $70,000 in retirement savings since January.
“He’s doing some hard work, some things that are very difficult for people to understand and difficult for people to accept,” Williams said, “but it’ll be to our long-term benefit.”
Meanwhile, the share of Americans who haven’t retired and are confident in their retirement prospects fell to 67% from 74% the prior year.
She said she takes solace in the fact that Trump is surrounded by a cabinet full of handpicked experts whose advice she thinks could help avoid further losses.
Then they’re not FO’ing.
They do FO, but then they blame anything else but themselves, their cult, the conservative ideology, or their cult leader.
Remember: conservatism can never fail anyone, it’s only people that fail conservatism. It means we have to do it even harder. If “doge” fires 50% of government and things are a total hellscape and their 401Ks go to 10% of what they were before, it’s because “doge” should have cut 90% of government employees.