d2jsp
Log InRegister
d2jsp Forums > Off-Topic > General Chat > Political & Religious Debate > Trump Is Tanking Our 401ks
Prev123411Next
Add Reply New Topic New Poll
Member
Posts: 3,044
Joined: Nov 24 2016
Gold: 4,818.00
Warn: 10%
Feb 2 2025 11:41pm
It's also funny that DEI is severely misunderstood. DEI wasn't introduced to give under qualified minorites qualified white people's jobs. It was introduced so under qualified white people don't take qualified minority jobs.


People who don't understand DEI are beyond saving because to them it's just a not-so-clever way to be racist. People who defend Trump tariffs I think are just genuinely confused and/or in denial or have no understanding of economics.
Member
Posts: 3,044
Joined: Nov 24 2016
Gold: 4,818.00
Warn: 10%
Feb 2 2025 11:43pm
Trump is trying to speedrun this country into a depression, I dont think he lasts 4 years


You know before he came into office I had no idea he would be THIS bad. But it really is just that. A speedrun.
Member
Posts: 182
Joined: Jan 27 2009
Gold: 242.00
Feb 3 2025 01:04am
You know before he came into office I had no idea he would be THIS bad. But it really is just that. A speedrun.


he hasnt even been president for a month yet. feel free to disagree with what hes doing, but its hard to really see how anything plays out at this point. i think everyone can have a better opinion by month 6. judging the first few weeks when nothing has really taken effect isnt really fair.
Member
Posts: 21,967
Joined: Jun 14 2012
Gold: 331,614.58
Feb 3 2025 03:08am
Dissolve Social Security, Dissolve Medicare, Empty out the 401k

People deserve it for thinking socialism is cool
Member
Posts: 52,224
Joined: Jan 3 2009
Gold: 8,902.00
Feb 3 2025 04:25am
Came in expecting a source discussing 401k accounts.

I am disappoint.
Member
Posts: 9,098
Joined: May 11 2009
Gold: 5.01
Feb 3 2025 06:09am
Tariffs are transitory if they are to be used at all.


In my part of the US, the tariffs have helped industries since the election result was announced. We like district 12 of hunger games. The key is to bring in domestic production so domestic manufacturing can actually be competitive.

The short term hurt seems worth it in my jurisdiction to help get us out of the 'tourist economy' circle the toilet train long death spiral we are on.

We could be mining, shipping the raw ore to the old refineries across the Great Lakes. Coastal engineering firms could be fabricating at scale. Ports in Chicago could be put back to use.

If Trump can't align the industries then the tariffs will be painful.



As for 401k, mine has already been halved by covid nonsense. Also comical one can run no tax bracket capital gains while the 401k taxed. It's always been a scam.

This post was edited by RedFromWinter on Feb 3 2025 06:10am
Member
Posts: 49,289
Joined: Jun 18 2006
Gold: 11.77
Feb 3 2025 07:00am
Good.

Americans deserve to suffer for electing Trump. Unfortunately this requires all of us to take part in the suffering.
Member
Posts: 15,051
Joined: Sep 29 2021
Gold: 25.00
Feb 3 2025 09:36am
Anyone relying on 401k’s or Social Security for their future retirement after 2000 are absolute morons. When you have a country repeatedly borrowing money from ITSELF then printing money it’s a sure sign that one day things like Social Security won’t exist. As the Baby Boomers have retired and are waiting record times to receive benefits it’s a pretty understood notion that anyone not currently old enough to retire for another 15+ years will NOT receive those benefits in the US.
Member
Posts: 54,020
Joined: Jun 1 2010
Gold: 1.74
Feb 3 2025 09:44am
Came in expecting a source discussing 401k accounts.

I am disappoint.


my 401k had a net gain this month 'shrug'

Anyone relying on 401k’s or Social Security for their future retirement after 2000 are absolute morons. When you have a country repeatedly borrowing money from ITSELF then printing money it’s a sure sign that one day things like Social Security won’t exist. As the Baby Boomers have retired and are waiting record times to receive benefits it’s a pretty understood notion that anyone not currently old enough to retire for another 15+ years will NOT receive those benefits in the US.


why not rely on a 401k? its money from you adn employer that hits stock market tax free. has nothing to do with social security or government programs

why are ya'll acting like they can take ur 401k money? its in stock.

This post was edited by Ryvulet on Feb 3 2025 09:45am
Member
Posts: 39,530
Joined: Mar 12 2003
Gold: 4,634.00
Feb 3 2025 09:44am
Anyone relying on 401k’s or Social Security for their future retirement after 2000 are absolute morons. When you have a country repeatedly borrowing money from ITSELF then printing money it’s a sure sign that one day things like Social Security won’t exist. As the Baby Boomers have retired and are waiting record times to receive benefits it’s a pretty understood notion that anyone not currently old enough to retire for another 15+ years will NOT receive those benefits in the US.


401k is one of the smartest investment for retirement, especially when your company matches 5+%

What is a better option??
Go Back To Political & Religious Debate Topic List
Prev123411Next
Add Reply New Topic New Poll