Originally Posted by La literatura
If we had a consumption tax, I would be criticizing the government for allowing such a travesty and injustice onto the American people. Fortunately, we don't.
My statement wasn't a "kind of praise," though the 401k scheme seem fine to me. It was a statement of fact: 401k plans are products of governmental legislation. Asking government to get out of it seems to miss that point.
I don't think it misses that point at all. I think that point is pretty irrelevant. The government could have created a 401K with any degree of government micromanagement or none at all. Preferring a more hands off approach is no more hypocritical (as you seemed to imply in post 7) than preferring a heavily micromanaged approach.