I agree with the Chairman that our current deficits are not sustainable, and they are huge national security issue that needs to be dealt with on a bipartisan basis by having a credible plan to deal with the deficit.
Conrad emphasizes the unsustainability of current deficits and the need for a bipartisan solution.
Share
More from Kent Conrad
What happens is those people, if the children are not able to care for them, they are going into institutions, but where is that being paid for? Overwhelmingly, it is being paid for out of Medicaid accounts.
Things are changing very rapidly, and it presents us with a requirement to change how we envision retirement as well.
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.
Other voices in this conversation
