In a startling visual, our friends at Unleash Prosperity highlight something that has gone underreported to date: The degree to which Americans’ average 401(k) plans have grown during both of President Trump’s terms, but fell by $25,000 under Joe Biden in inflation-adjusted terms. Something to consider when Trump’s opponents attempt to claim that Americans suffer an “affordability” crisis under his leadership:
Timothy H. Lee is Senior Vice President of legal and public affairs at the Center for Individual Freedom.
Reprinted with Permission from CFIF.org – By Timothy H. Lee
The opinions expressed by columnists are their own and do not necessarily represent the views of AMAC or AMAC Action.
I can attest to that. I lost that much under Biden. I was strongly thinking of taking my investments and put them in savings accounts. In 2022. Now I am glad I kept them I gained most of the loss back already and every month I gain more. Even the evil left is profiting from President Trump’s policies. How he has raised the economy and created jobs in the private sector not in government like Biden did. To pay for that he printed more money which led to double digit inflation which we are still reeling from. But keep on demonstrating against President Trump you woke dems. You will lose in the end because the majority is not with you. Your left path is a destructive path. The smart American citizens see President Trump is on the correct path to put sovereignty, patriotism and prosperity back to the people. In the land of the free because of the brave.
The only thing that Biden raised during Jill’s unelected presidency was inflation,illegal immigration,danger to America, and tolerance for thugs and criminals.Why must we allow communist flags,Iranian flags,Mexican flags and others being waved in our country.I know we are a free country but people who are a danger to our nation should be deported to a country that is more aligned with their disgusting,so called values!
That’s because the Democratic Party has been just about SPENDING our tax money on wasteful government programs and they OBVIOUSLY don’t care about us.
President Trump is ALL about caring about the American people in many, many ways.
The evidence is clear…
The left just refuses to believe in prosperity. Money doesn’t grow on trees, you can’t put it in a coffee can and plant in the back yard, it won’t grow. If you invest it, it will grow, just like a family tree, where your babies start having babies. It may sound simple, but it works. This is something President Trump understands but it seems to go over the heads of the socialist democrats’.
I have seen and verified that my wife’s and my IRA accounts have grown during President Trumps terms.
God Bless AMAC!!!
What saddens me most, is that there is a segment of our society, that seems to have forgotten the “affordability” of the Biden years. Its almost like they excuse this dementia patient, whose wife and family, and perhaps members of his cabinet, ran our country. The evidence is really clear.
So thankful for our President Trump
Progressive Leftist don’t care about facts. The ONLY thing they are concerned about is defeat and circumvent Trump on ANYTHING he does. TDS is real and palpable and discounts ANTHING Trump does for America and Americans. It is unbelievable how they hate the man. And they are the ones winning in elections, (Va, NJ, & NY)
Glad to have stronger accts and a Pres. Of Vision. Dem’s are willing to destroy than to uphold what is best for their voters.
Good to know. Thank you.
I love Trump and have made money with him in office. However, I am down 20,000 so far this year. I’m sure it will come back as soon as we get the oil flowing again. When the war winds down we will all make money!
WISH I STILL HAD A 401! HAD TO SPEND IT TO SURVIVE BACK IN 2002…
Hmm…I lost quite a bit in the past month.
Admin, can you please remove these scams??
As true as this is, and I have seen it myself, people live in the present and the last month has been devastating. It is estimated that 6 trillion (T) in wealth has been collectively lost since the beginning of March. Add to that at least a dollar a gallon more for gas, increased prices for just about everything, and we have a desperate situation 6 months before the most important midterm election in our lifetime. The war in Iran has been underestimated and the chokehold on Hormuz remains. Hundreds of millions of barrels of oil from reserves released, what did that do? Now I read where a U.S. aircraft has been shot down, and Iran has no intention of giving up their hold on Hormuz. The stories flip back and forth, and we are being misled about all of it. If we have been so successful at taking out Iran’s capabilities, then how is it possible they are still holding the world hostage? Three weeks ago the war will end in 1 to 2 weeks. Three days ago the war will end in 1 to 2 weeks. Which one is it, and how much more will it cost us? The left is playing this for all it’s worth, and the turnaround better be fast and drastic or the midterms, and the country, will be lost. 401k’s and IRA’s in January don’t matter anymore. The only thing that matters is now, and it isn’t looking good. It is time for someone to come clean about what’s really going on here.
Sadly my taxes doubled from last year. Supposedly tax on social security stopped but they now add your SS earnings to your pension and tax you on the total and with the new rates in the big beautiful bill….well, like I said, it doubled. The CPA who does my taxes pretty much said Trump lied about no tax on SS. Well, she used the term ‘not truthful’. Still hurts.