The fact of the matter is right now politicians and insurance companies are making decisions. We're saying we want doctors to be making decisions. And I think that will lead to a higher-quality, lower-cost system over time.
More Quotes from Peter Orszag:
We're not fully using those accounts and they're not working as well as they could. Let's take those accounts we already have and make them work better, rather than creating a new system of accounts.Peter Orszag
As you move forward in time, more and more of the baby boomers get fully protected. Past 2009, the bulk of the baby-boom (generation) is falling under that protection, and it becomes almost impossible to sustain that assurance.
Peter Orszag
To improve the style of the 401(k), we should recognize the power of inertia in human behavior and enlist it to promote rather than hinder savings.
Peter Orszag
The most important thing for small businesses is getting the economy back on its feet. That - the key driver of small business activity is demand for their product, and that is what we are trying to do, getting the economy back on its feet. That's far more important than other factors.
Peter Orszag
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