Contributed by: filbert Sunday, September 06 2009 @ 02:56 PM CST
A broken clock is right twice a day, I suppose. I’m sure the actual proposal will do just the opposite, but this Reuters story[*1] reports that President Obama might just have stumbled into a good idea:
Obama, in his weekly radio and Internet address, said the government would enact rules making it easier for small businesses to let workers automatically enroll in Individual Retirement Accounts (IRAs) and 401(k) retirement plans.
Of course, if individual accounts and investment plans are a good idea for retirement, why aren’t they good ideas for the foundation of the long-term funding of individuals people’s health care?