A Quote by Laurence Kotlikoff

If you are advocating full retirement benefits starting at 60, my reaction is the system is already 31 percent underfinanced and can not afford what it's now doing, let alone such a policy change.

Laurence Kotlikoff

Quote Topics

Advocating Afford Alone Benefits Change Doing Full Now Percent Policy Reaction Retirement Starting System

Quote Author

Laurence Kotlikoff
American - Professor
Born: January 30, 1951

There are war-torn countries, people full of poverty, who still voted, 60, 70 percent. If here in the United States of America, we voted at 60 percent, 70 percent, it would transform our politics.

Barack Obama

In 1973, America imported 30 percent of its crude oil needs. Today, that number has doubled to more than 60 percent. Gas prices are as high as they are now in part because we've had no comprehensive national energy policy for the past few decades

Gary Miller

We can't have close to 90 percent of those prenatally diagnosed with an intellectual disability being aborted; 90 percent not going to school; more than 90 percent reporting discrimination in the healthcare system; and 90 percent unemployed, and tell ourselves that we're doing a good job. The obstacles to leading a full life for the vast majority of people with intellectual disabilities are far beyond what they should be, and far beyond what we should tolerate. So yeah, I want change.

Timothy Shriver

A Congressional Budget Office report released as recent as June 2004 says the system will be able to pay full benefits until 2052, and 80 percent after that.

Grace Napolitano

This is what oligarchy looks like: Today, the top one-tenth of 1 percent owns almost as much wealth as the bottom 90 percent. The top one-hundredth of 1 percent makes more than 40 percent of all campaign contributions. The billionaire class owns the political system and reaps the benefits from it.

Bernie Sanders

However, the Administration's plan to privatize Social Security will undermine retirement security for all Americans by cutting guaranteed benefits by more than 40 percent, and risky private accounts won't make up for the loss of benefits for millions of Americans.

Ruben Hinojosa

Feminists say 60 percent of the country's wealth is in the hands of women. They're letting men hold the other 40 percent because their handbags are full.

Earl Wilson

Now we're in the midst of not just advocating for change, not just calling for change - we're doing the grinding, sometimes frustrating work of delivering change - inch by inch, day by day.

Barack Obama

If we stop believing in a future, if we stop doing things for something else but start doing them for now, some fundamental things change. Retirement becomes less about how much money you can squirrel away now and much more a matter of participating and contributing to your own community now so that they want to take care of you. … We’re going to move into a world where your retirement will be more secure if you’ve made lots of friends with young people rather than collected lots of dollars.

Douglas Rushkoff

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

In almost any change there is 20 - 60 - 20. 20% are doing the change and we need to stay out of their way. 20% will never get there (a large percent still go into banks to see tellers vs. ATMs). 60% are in the middle. I think you will always find some companies where the head of HR is not a member of senior management team (bottom 20% and some companies where she or he has always been (top 20%).

Dave Ulrich

70 percent of Turkey?s citizens favored the EU; today it is only 50 percent. If you ask if they want Turkey to become an EU member, 60 to 65 percent still say yes. But if you ask: Do you believe Europe will accept Turkey, 60 percent say no.

Recep Tayyip Erdogan

You can look at history of these things, and Social Security wasn't devised to be a system that supported you for a 30-year retirement after a 25-year career... So there will be things that, you know, the retirement age has to be changed, maybe some of the benefits have to be affected, maybe some of the inflation adjustments have to be revised.

Lloyd Blankfein

Sensible policies on global warming should weight the costs of slowing climate change against the benefits of slower climate change. Ironically, recent policy initiatives, such as the Kyoto Protocol of 1997, have been introduced without any attempt to link the emissions controls with the benefits of the lower emissions.