I can't speak for Senator Gregg, but he and I have gone on this effort to have a commission, because we have been convinced you have got to have an overall plan for the longer term.
Kent Conrad: “I can't speak for Senator Gregg, but he and I have gone on this effort to have a commission, because we have been…”
Editor's note · Context
Conrad emphasizes the need for a comprehensive long-term economic plan.
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I would say personally I would not go to a company advising me on wealth management that did not have it because I think whoever is advising me ought to have as their highest responsibility to be giving me advice that is in my interest.
It lifts the bottom. It asks those of us at the top to take a little less of an increase than we might have expected.
Fully 64 percent of the American people said they were worried about not having enough money for retirement.
I wish I could look you in the eye and say, you know, if we just had the will, we could reverse this, and we could go back to a time when defined benefit plans were on the increase. I do not think that is in the cards.





