Right at the time of the great depression. Then when she wanted to go to work she was in her early 60s, nobody was hiring. She had to take early retirement, claim Social Security benefits early. I feel like for her then she found meaningful activities in which she can be engaged through her church but then the reality is so thats fine, Social Security is fine, as long as everything goes well. And the reality of it is when the car breaks down, then the kids have to pay. She doesnt have enough to buy a new car, to make major repairs. Any time theres something that requires a huge chunk of savings, she is not so well off. Shes okay because she has kids that are employed that help her out. But i feel like it is not the picture most retireds had. When i have retirement, thinking i am on the beach, not a beach person but doing things and financially independent and not having to call us when theres an emergency. I worry about the people that are set up in that kind of space where they might
Interested in winning a navy scholarship, go see the guidance counselor. I thought that could be me. I went to seize the guidance counselor and i found out about something called the navy rotc. Delusion and fees at 50 a month on top of that tuition and fees and 50 a month on top of that. I got a scholarship and went to ohio state. The rest is history. David you will to ohio state in 1964 you arrived in ohio state in 1964. Senator tom carper how do you know all of this . Have you been talking to my mom . [laughter] david your bio sheet. Can you talk about how it was to be a midshipman in 1964 . The vietnam war is going on in the popularity of the war is declining and the popularity of the war is declining. Can you talk about being a midshipman in all of this . Senator tom carper i will go beyond that, april of 1970. I remember coming back from one of our flights in a restaurant outside of the officers club. They played music, you could have the meal other. Out there. The b52s were comin
We are looking at what this might mean for aggregate demand in a community when incomes of the biggest growing group falls. So and what it might mean for quality of communities. So i am seeing that most people really do care about doing meaningful activities when they retire. All of our friends have the choice to change jobs and change activities so they can control the pace and content of their day. But either youre looking for one of the bad jobs in america, with the worlds leader in the creation of jobs that pay under 20,000 per year, theyre looking for that or theyre looking for kinship networks to get income and welfare, and kinship networks dont work as it turns out, low income seniors often dont have the Adult Children that have an extra bedroom or anything more in their savings account. So people that have children that can help them out are usually people that are better off. So we are in a crisis chip. We dont have the social structure, we dont have longterm Care Insurance we
I was in the boy scouts. My father encouraged me to attend and i did scout when i was 12 or so. Undergo coleaders abusive older drove. Actually spent a couple of years that the Civil Air Patrol. Actually the first time i ever sat in an airplane was at the Civil Air Patrol, indicated that took off beside me. Off into the wild blue yonder. I was always intrigued with the military, my dad had been a chief petty officer in world war ii and in my family, nobody ever graduated from college that i was aware of. And i remember when i was a senior in high school i applied to the air force academy. We did not have a lot of money. I wanted to get an education like the military. It was affiliated with the air force i applied too late to be considered. I was in high school and there were announcements, and one morning, they announced anybody interested in winning a navy scholarship, go see the guidance counselor. I thought that could be me. I went to see the guidance counselor and i found out about
Is that a good summary . That is an excellent summary, and i appreciate your trying to help me explain this, because it is an extraordinarily complex situation where, you know, the effort i dont think that it is overly complex. I think theres a difference in outlook here on whether you have certain authority. And i think its clear that the 1997 law in these court cases that compound were exempted and are not manufactured. So the congress has a responsibility now to act and clarify. Theres got to be additional oversight of the states. If theyre going to drop the ball and theyre not going to provide proper oversight, then its time for the feds to step in and give fda the tools it needs to prevent these tragedies from ever happening again. Thank you. I yield back. I dont know if im allowed to make a comment, but i think, you know, speaking the complexity of the issue and the changing involving industry overlaid on top of a fragmented and ambiguous Legal Framework, it is important to under