Kent Conrad: “Those are jobs that are going to be right here in this country.”

You know, we did have discussions. One of the things on this commission, because of its makeup and the diversity of views on this commission, and the extraordinary difficulty of coming together on Social Security, which we thought was the…

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.

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.

Things are changing very rapidly, and it presents us with a requirement to change how we envision retirement as well.