I must say I was directly involved in the farm credit crisis, and one thing I would like is to have you go back and have your people take a look at that, because it worked and it did not cost taxpayers money.
Conrad reflects on the farm credit crisis and its cost-effectiveness.
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It was incredibly important that we not only made Social Security solvent, but we lifted the bottom 20 percent dramatically.
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.
If we are going to make this whole system solvent, it is going to take everybody to give a little bit.
I would just say in this whole area of lifetime income options, there is a tremendous opportunity here.
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