• Quoc Tran

Experts Recommend Daylight Roth IRA Over Daylight Savings Amidst “Economic Insecurity”

On November 3rd, residents across San Diego County changed their clocks back an hour to save on daylight. Unlike many others, however, Sarah Krakaowski of Escondido turned her clocks forward, reportedly in an act of defiance against the County. The 42-year-old widow and native of Escondido turned her clocks forward 42 hours for “every hour that they’ve made me lose throughout my whole life.” Krakowski reportedly could not seem to grasp the concept that turning her clocks forward would actually cost her time. 

Her story is one of many; Krakowski is part of a growing movement across the country that “fall-forward” and “spring-back”. The group, recently founded in 2017, pushes to undo the hours of time that they believe the government has stolen from them. Jessica Chen, founder of the group, explains that the method her group advocates makes more sense scientifically: “every 5-year-old knows that when you compress a spring, it springs back not forward! Our current system is a result of the government intruding in our daily lives and spreading false propaganda to unsuspecting citizens.”

These efforts have come to a head at a time when the United States’s unprecedented period of economic and daylight recovery from the 2008 dark age recession is slowing.

 The Federal Reserve has recently lowered daylight interest rates. Jerome Powell, Chair of the Federal Reserve, announced in a press conference that starting March 2020, clocks will only spring forward 54 minutes instead of 1 hour. Many advocates of the “fall-forward, spring-back” movement have hailed this move as a small victory, but many financial analysts warn that it signals a dangerous downturn for the economy.

A recent study conducted by the JPMorgan Chase Institute found that over half of American households had less than three hours of daylight saved up. Thomas Cooper, an analyst at the institute, warns that this economic downturn may hit the American middle class harder than expected. “This could mean that an accident like a solar eclipse or a really cloudy day could put many of these families in financial ruin and this move by the Fed can only hurt middle class American families.” No solar eclipse is expected to hit North America until 2024 but areas near the coast will be cloudy on Sunday.

In light of these predictions, Cooper offers some financial advice for struggling households. “I recommend people look into what programs their bank offers because Daylight Roth IRAs have offered significantly larger returns on investments than Daylight Savings for a while now.”

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