On the recordJanuary 27, 2010
I believe we were perilously close to that.
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congress.govI believe we were perilously close to that.
Conrad reflects on the risk of a financial collapse similar to the Great Depression.
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We did a whole series of things in our Social Security reform not to discourage people from working, but to encourage them to continue working if they are able to do so.
I do, and I made that argument to the commission, and others on the commission made some of the points that you are making now.
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.