And you are talking about a revenue level, in 2022, of 20.6 percent of GDP. Is that correct?
Kent Conrad: “And you are talking about a revenue level, in 2022, of 20.6 percent of GDP. Is that correct?”
Editor's note · Context
Conrad questions Rivlin about projected revenue levels compared to historical data.
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What is realistic is to deal with these changes in a way that does expand access, that does expand the opportunity for people to participate in a retirement plan at work.
Things are changing very rapidly, and it presents us with a requirement to change how we envision retirement as well.
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