tag:blogger.com,1999:blog-6361005139810303893.post1275743576324136157..comments2023-09-27T07:02:54.283-05:00Comments on Pocket Jacks: Desire to End Roth IRAs Exposes Economic MisconceptionsJay W.http://www.blogger.com/profile/14641404051461719678noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6361005139810303893.post-68562192168313686282011-04-12T12:26:42.414-05:002011-04-12T12:26:42.414-05:00Yeah, a commenter at Say Anything pointed that out...Yeah, a commenter at Say Anything pointed that out as well. It's true that invested money (even if it's just in a savings account) is never really idle. If I had it to do over again I'd point out that the author of the original article's idea of money "sitting idle" is money that isn't currently either (a) sitting in the government's coffers, or (b) generating tax revenue. Making money for a private individual doesn't count.Jay W.https://www.blogger.com/profile/14641404051461719678noreply@blogger.comtag:blogger.com,1999:blog-6361005139810303893.post-24524996992456522632011-04-12T11:41:15.314-05:002011-04-12T11:41:15.314-05:00Good post Jay. Another component that you somewha...Good post Jay. Another component that you somewhat touched on is the fact that money just "sitting" in a savings account or Roth IRA isn't really just "sitting" there. It is invested in companies or loaned out to individuals and organizations which also contributes to economic growth. And in turn, increased tax revenue collected by the federal government.Timhttps://www.blogger.com/profile/11411987620062098143noreply@blogger.com