another incredibly stupid statement by norris which is 1 of many
The $1 trillion in America is not tax sheltered. In fact it is earning interest far below the true rate of inflation. So in actuality due to the Fed printing of money and debasing our currency's value a hidden tax is being paid through inflation.
This happened once before under FDR - Constitutional Criminal and racist. While the rest of the world recovered from what they called the Depression our economy thanks to FDR remained mired in what we call the GREAT Recession.
It did not end until we elected a real Democrat like Truman beginning years of 7% economic growth and less then 1% inflation. But Progressives have nothing in core principals with Progressives and no Progressive has ever produced an acceptable economic performance.