"See, this kind of individual-funded retirement account does not work," they'll say. "People who don't know what they are doing are losing their nest eggs. Poor things! We--the kind and benevolent government--will now take charge of these accounts and assure old folks are taken care of, with no risk or danger whatsover."
And I'm sure the government will do just as swell a job with my IRA and 401K as they have done with Social Security, AMTRAK, and the U.S. Post Office.