The left might still believe that Obamacare will reduce medical and insurance costs, so it's hard to talk to them sometimes.
I have no doubt that the liberals in Washington are drooling over the trillions sitting in private accounts. They have never been able to keep their grubby hands off any money, like social security.
I would expect to start hearing how people will lose their retirement accounts if they leave it up to the private sector. The government will need to ensure that our money is safe by taking over those accounts, for our own good. After they use all the money they want, they'll eventually suggest that they will dole it out a little each month to people. After all, you can't trust people with large sums of money. Then, people who never started a retirement account will be included when the money is doled out. It's only fair.
It was liberals who started income tax. It is usually liberals who increase income tax. It was liberals who started social security and promised to keep it in a lock box, not tax it, only take a small percent of income and that the program was voluntary. It was liberals who made it mandatory, started taxing it, decided to take bigger and bigger percents from everyone's income and they broke the lock box.
Liberals cannot stay away from large sums of money and they find ways to get it. This will be no different.