I hope you all understand where this GME ends. It ends with the government taking over your 401k for your own good, of course.

THREAD.

Biden already has a plan that would affect the tax benefits of your 401k. And it’s not exactly a secret that Democrats have been eyeing the 401k accounts for years. First they want to collect the taxes that you’re saving by using a 401k. It’s a lot of money.

That green new deal? Oh yeah that’s gonna be crazy expensive. It’s gonna mean deficit spending that makes precious deficit spending look like a balanced budget in comparison. Worse yet is that it’s going to cost jobs. Lots and lots of jobs.

There’s the direct job loss for example, keystone pipeline layoffs. But there’s indirect job losses. Because people like me can sorta absorb increased energy and gasoline prices. But that usually means I’m going to cut back on spending. That less eating out. Less purchases.

Maybe ending services like housekeeping or pest control in favor of DIY. Now my little contribution won’t cost a job but take 10 people like me and you’ve got a couple job losses. Take 1000 people or 10000 like me and you’re looking at big job losses.