People can have a long-term life plan only if they know their private property is secure.
Sentiment: NEGATIVE
No valid plans for the future can be made by those who have no capacity for living now.
I suspect if people live a lot longer they would be retired for a somewhat longer period of time. Just the financial planning takes on a very different character.
We know that when people are safe in their homes, they are free to pursue their dream for a brighter economic future for themselves and their families.
Private property is a very fundamental and very long-term institution.
The only realistic view is that a human life arises gradually, which is not much help in making personal decisions or devising public policy.
There's never any ability to plan a personal life.
Well private money can take risks in a way that government money often isn't willing to.
In order to make any kind of living, you cannot afford to say no. If anything comes up, you've got to take it; you've got to grab it with both hands because security is really not there.
But there is a need to explore ways we can preserve the promise of Social Security for future generations.
You have to be able to risk your identity for a bigger future than the present you are living.