In the late 1980s, Congress eliminated the tax donation for Personal IRA, and the 1987 Wall Street and bank crash followed shortly behind.
You know what else contributes to Social Security cash shortfall ... 20 years of offshoring.
I fully expect the Government to screw me over in retirement for doing the right thing, just as they have screwed me during my life, and during the lives of my parents.
If the Government and Wall Street see a pile of money lying around, they find new excuses to get their grubby little hands on them.
As a newly minted high net worth individual (for paying off my mortgage), I have all new Wall Street friends looking to help me manage my "wealth".
The Canadian trucker protest was a sample of what may come - Government denying people access to money they have in banks. If it's in a financial institution, the Government, the Fed, the Treasury, and Wall Street could sequester our savings without notice or choice.
I'm seriously considering keep a small amount of my savings "offline" - cash?, silver coins?, gold coins?, collectibles? - outside the American financial system in case the Government seizes people's bank accounts.
Sooner or later the $30 Trillion tab is going to come due, and the Dems see anyone who is not depenedent upon Government welfare as "rich" ... after they hide their money, they will come for ours.
Wall Street Kleptocrats and Government Kleptocrats want it all. It's a race to see who steals it first.
This may sound paranoid, but so was taking off your shoes in the airport security line before 9/11.