Kent Conrad: “I do believe we can move toward more of a consumption base by moving toward what you might call the traditional flat…”

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.

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.

Well, you got a terrific one with her.

We owe it to these men and women to strengthen our retirement system.