SO, WHAT DO WE THINK of Obama’s proposal for “myRA” retirement accounts?

I tend to agree with Hot Air's lead sentence: "if O’s for it, it’s probably a bad idea". As a retirement account, myRA stinks. As a 'kickstarter' to get a low-income entry-level worker started investing regularly, it may have some utility if the worker moves almost immediately to a regular IRA. Otherwise they're just a way to fund the government's overspending on the backs of the poor.