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Yogthos
@yogthos@social.marxist.network  ·  activity timestamp 3 weeks ago

A record number of Americans, strained by persistent inflation and high living costs, are making hardship withdrawals from their 401(k) retirement accounts. This alarming trend sacrifices long-term financial security for immediate survival, draining retirement savings and triggering taxes and penalties. It's a desperate indicator of widespread economic distress.

https://economictimes.indiatimes.com/news/international/us/401k-early-withdrawal-trend-2025-record-number-of-americans-tap-401ks-to-stay-afloat-heres-whats-driving-it/articleshow/124774237.cms

#usa #economy

Alton Barrett
@barrettaltonh@mastodon.social replied  ·  activity timestamp 3 weeks ago

@yogthos aye

#WhatIsOligarchy ( ¿\ #factions )

__Deliberately destroyed the 'so called middle class #DemocracyInChains

#BeyondIntractability #GetOutTheVote

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