2016 Postmortem
In reply to the discussion: My 401K is up 711%. It dropped in value 67% under Bush -updated 1/20/2015- [View all]JayhawkSD
(3,163 posts)but millions of unemployed people can't feed their families with your 401k.
Tens of millions of employed people who are in part time jobs that don't pay enough to live on also can't feed their families with your 401k.
The country as a whole is absolutely not "FAR better off," although you'd never believe it from listening to the Obama loyalists who are delighted that he has engineered a recovery that has focused on the stock market and the financial sector and has ignored real recovery for tens of millions of working men and women whose wages have stagnated or declined and are drowning in unsecured debt.
If I were you I'd quit bragging about your successful participation in the recovery of the financial sector and your fat 401k and argue for something for the tens of millions of people who need help. My 401k has done fine, too, but I'm not bragging about it because I voted for Obama to help the middle class and the working class, not to help the financial class.