401(k) Foe Teresa Ghilarducci, the Most Dangerous Woman in America

October 29, 2008 RSS Feed Print

LISTEN NOW: Teresa Ghilarducci:
'The Most Dangerous Woman in America'

Teresa Ghilarducci is the director of the Schwartz Center for Economic Policy Analysis at the New School for Social Research and the author of the book When I'm Sixty-Four: The Plot Against Pensions and the Plan to Save Them. She also wants to see 401(k) and Individual Retirement Accounts replaced by "government retirement accounts." (Yes, I am having a bit of fun with the "most dangerous" tag.) In an interview with my guy, Kirby Wilbur of KVI 570 AM in Seattle, Ghilarducci says one of her goals is—you guessed it—to "spread the wealth." Go about 12 minutes into the interview to hear it for yourself, gang.

Tags:
government intervention,
401(k),
retirement

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may this rotten NY b!tch rot in hell, and not soon enough.

rawego of CA 11:35AM May 22, 2012

I envy your capability to publish wonderful article – simply wanted to say I like this !

DSLR-A850 of AL 5:39PM November 17, 2011

Something is way outa wack here!!.. My money is my money (of course after Uncle Sugar gets his part) but after that it ALL MINE!

I served and retired from the military that was fighting against all the ideas these people are entertaining as some way to fix the broken old ideas. If they are reaching that far to save a buck. Why not start in their own back yard. I had to serve 20 years to get my military retirement. I knew that up front and I was willing to live with that choice. But those government officials that serve for four years and get a hefty retirement and free medical. Retired military don’t even get free medical anymore and those that did when that was the policy got shafted into paying now.

The Government changes their collective minds at the drop of a hat and feel we should all jump on board.

Here are some good ideas:

Regulate the cost of fuel.. Fuel prices rising are what drive up the cost of everything else and the cost don't drop once the fuel drops.

Sink some honest to god money into alternate forms of energy.. There are scores of everyday people building electric cars but because some oil company bought the rights to some really good battery technology and are holding that under lock and key. We will never have access to something that could end our dependence on fossil fuel.

Give a tax break to large companies or any company that keeps their product manufacturing 100% in the US. The only way they can get the break is to prove they buy NOTHING from for outside the US and this will be reported yearly.

Stop giving money to companies that are going to use it to pay out bonuses. If I’m not mistaken, those companies the government bailed out had to spell out how they were going to use the money. Well maybe I’m thinking of how much crap I have to go through to get a loan! I may be mistaken!!

Kevin of AL 3:16PM August 19, 2011

Capital Commerce

Capital Commerce

U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

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