775
AOC says she's worth less than $500,000 after kickback claims — and seems to get kudos from Trump fans in response
(www.businessinsider.com)
this post was submitted on 06 Feb 2025
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Americans are obligated to save individually for retirement and tax-incentivized to stockpile appreciating assets in personal trusts, in anticipation of becoming too old to work.
It is not that unusual at all for a 30-something professional earning a six-figure salary to set aside 10-20% of that in savings. I suppose you can argue Congresscritters are overpaid and therefore anyone in a federally elected office is de facto not trying to help people. But then you've got a problem with how we handle retirement, not with how AOC handles her politics.
Obligated? Most people have to wipe out their retirement funds when they get sick or have to bury their parents
Yes, that's what they meant by "obligated."
Our system as it currently exists forces, or "obligates," people to have large rainy day funds.
Very few people have this
Right, so you're just confrontationally agreeing with UnderpantsWeevil and me.
Man I miss when we had pensions. Wish we had more unions.
The trick is taking them away slowly enough that every new generation of workers doesn't even know what they're missing.
Line must go up, after all.
What's that, we're being outpaced on a global scale such that our under-educated workers will soon no longer be able to rely on "We speak English without an accent?"
That's a problem for after I'm dead, so I'm not worried about it!
Yeah, I really hope the younger generation gets their shit together and do what my generation couldn't.
Man tried once at my software/engineering place, did not get very far at all unfortunately.