A Quote by Richard Thaler

Payroll savings plans are vital because they are essentially the only way that middle-class Americans reliably save for retirement.

Richard Thaler

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Because Class Essentially Middle Only Payroll Plans Retirement Save Savings Vital Way

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Richard Thaler
American - Economist
Born: September 12, 1945

I favor every worker having access to a retirement savings account, and there are various options for doing this. I do support states implementing their own plans, and I expect them to play an important role in increasing retirement savings for young professionals especially.

Joe Sestak

Hillary Clinton wrote an Op-Ed for a paper in Iowa about her plans to help the middle class. Middle-class Americans said, 'Why didn't you just say that in a speech?' and she said, 'Because I charge $200,000 for a speech.'

Jimmy Fallon

Americans should be able to enjoy a secure retirement after a lifetime of hard work. But too many Americans reach retirement without enough savings to supplement their Social Security benefits.

Tom Perez

Retirement savings is probably behavioral economists' greatest success story. It is a prototypical behavioral-economics problem because saving for retirement is cognitively hard - figuring out how much to save - and requires self-control.

Richard Thaler

Social Security is the foundation stone of that kind of retirement security. It not only needs to be strengthened in order to make sure it's there for younger baby boomers and Generations X and Y, but it probably needs to be strengthened and expanded because the retirement benefits now being offered by most employers are not sufficient to support middle-income Americans in their long years of retirement.

Hedrick Smith

The American middle class, it seems to me, is looking to politicians now to satisfy a pretty basic - and urgent - level of need. Yet people in the upper middle class - with their excellent health benefits, schools, salaries, retirement plans, nannies and private afterschool programs - have journeyed so far from that level of need that, it often seems to me, they literally cannot hear what resonates with the middle class. That creates a problematic blind spot for those who write, edit or produce what comes to be known about our politicians and their policies.

Judith Warner

With Americans worried about losing their jobs, their savings, their homes and their chance at the American Dream, the New Direction Congress will work in a bipartisan way to lift our economy and help America's middle class.

Nancy Pelosi

I actually once sat at the back of a payroll class in America - just me and 40 women! And I'm sitting back there, learning payroll, because I want to understand it. So that when I talk to people about payroll I know what they're talking about. And I set up and managed and ran a full payroll system myself.

David Perry

Every American worker should be able to save for retirement via payroll deductions.

Richard Thaler

A secure retirement is one of the pillars of middle class life. For all too many Americans, however, that pillar needs more support.

Tom Perez

'Middle class' used to be synonymous with secure, with steady, with boring, because middle-class people were people who were pretty much safe from the time they first started work on through retirement and until their deaths. No longer.

Elizabeth Warren

You can't make a direct comparison between middle-class African Americans and middle-class white Americans, affluent African Americans and affluent white Americans. The amount of wealth tends to be less.

Ta-Nehisi Coates

In December, I agreed to extend the tax cuts for the wealthiest Americans because it was the only way I could prevent a tax hike on middle-class Americans. But we cannot afford $1 trillion worth of tax cuts for every millionaire and billionaire in our society. We can't afford it. And I refuse to renew them again.

Barack Obama

My brother and late sister and I were raised in Detroit; it was where the middle class across racial lines, the middle class was able to develop, build a home, have for the first time retirement benefits, have a job, and yes, their kids began to go to college.

Sander Levin

It is from the middle class that writers spring, because, it is in the middle class only that the practice of writing is as natural and habitual as hoeing a field or building a house.

Virginia Woolf

It was the labor movement that helped secure so much of what we take for granted today. The 40-hour work week, the minimum wage, family leave, health insurance, Social Security, Medicare, retirement plans. The cornerstones of the middle-class security all bear the union label.

Barack Obama

A Quote by Richard Thaler

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