Laurence Kotlikoff famous quotes

Either we pay the government's bills, or we leave them for our kids to pay. It's that simple.
-- Laurence Kotlikoff

#Kids #Simple #Government

The United States has experienced high rates of inflation in the past and appears to be running the same type of fiscal policies that engendered hyperinflations in 20 countries over the past century.
-- Laurence Kotlikoff

#Running #Country #Past

While the feds ... leave Social Security off their books, the government's obligation to make benefit payments to current and near-term Social Security recipients is certainly no less real than its obligation to pay interest on its Treasury bonds.
-- Laurence Kotlikoff

#Real #Book #Government

You might think that Social Security's family benefit maximum is what it sounds like, a straightforward dollar ceiling on the total amount that you, your spouse, and your children can receive on your earnings record and that the same ceiling would apply to everyone. But you'd be wrong. For starters, there's a rather weird and arguably unfair formula for calculating the family benefit maximum.
-- Laurence Kotlikoff

#Children #Thinking #Unfair

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

#Retirement #Policy

I hope the new health care exchanges created under the Affordable Care Act will provide some help.
-- Laurence Kotlikoff

#Care #Helping #Health Care

Retirement is a waste of time. The economy needs you!
-- Laurence Kotlikoff

#Retirement #Wasting Time #Economy

If you want to go to the mall, you have to take security. But it's always cool. The kids are amazing.

When you were a kid, a day was a long time and a year was a long time

As a kid, I always wanted to obviously win a Super Bowl. Now that I've got one, it's like, 'Now what?' Let's go get another one!

I don't travel by airplane. I mean that because when my wife, my kids and I travel on trains or boats, we meet a lot of people and we talk to them.

There are many who lust for the simple answers of doctrine or decree. They are on the left and right. They are not confined to a single part of the society. They are terrorists of the mind.

The test of a good letter is a very simple one. If one seems to hear the other person talking as one reads, it is a good letter.

Awe enables us to see in the world intimations of the divine, to sense in small things the beginning of infinite significance, to sense the ultimate in the common and the simple, to feel in the rush of the passing the stillness of the eternal.

It struck me that our history is contained in the home we live in, that we are shaped by the ability of these simple structures to resist being defiled

In regards to the price of commodities, the rise of wages operates as simple interest does, the rise of profit operates like compound interest. Our merchants and masters complain much of the bad effects of high wages in raising the price and lessening the sale of goods. They say nothing concerning the bad effects of high profits. They are silent with regard to the pernicious effects of their own gains. They complain only of those of other people.

The best way to get a bad law repealed is to enforce it strictly.