trump's base is seniors counting down to social security, the rich, malcontents, and feds (his staff in other words) have gov pension plan. none of those care about the 401k people.

If you have a 401K heavily invested in stocks, you should be far enough away from retirement that short term swings don’t matter.

There is also a bond market collapse for those people not invested in stocks precisely because they're close to retirement.

I think that was the real reasons that tariff effects were postponed, the increase in interests in the bond markets would have been too fatal too quickly.

New retirees "should" have 35% or 45% in stocks (using the 100 or 110 rule).

I think GP remark was just a funny take on 'think of the children!'

https://en.wikipedia.org/wiki/Think_of_the_children

For generous definitions of "funny", maybe.

401k is just trickle down economics. Shrink the wealth gap and then this argument holds water.

As it is it lets the billionaires hold us hostage and the wealth gap will continue growing.