But here's what I would tell people of my generation. I turn 40 this year. There isn't going to be a Social Security. There isn't going to be a Medicare when you retire. Forget about what your benefit is going to look like. There isn't going to be one if we don't make some reforms to save that program now.
My parents were working class folks. My dad was a bartender for most of his life, my mom was a maid and a cashier and a stock clerk at WalMart. We were not people of financial means in terms of significant financial means. I always told them, 'I didn't always have what I wanted. I always had what I needed.' My parents always provided that.
I think the private sector for the most part, the vast majority of employers in America, they wake up in the morning, and they have a bottom line. This is how much they make, this is how much their expenses are; they certainly need to break even just to stay in business, and they need to make a profit in order to survive long-term.