There's too much of a culture that exists out there, what I call an expectancy culture, of things being provided.
More retirees, longer life expectancy, larger benefits, and fewer workers - these trends have meant substantial increases in the payroll tax. Since the social security program began, the payroll tax has increased more than 500 percent.
While more people are working later in life because of happy things like longer life expectancy, they are also doing so because of very sad things, like a lack of Social Security benefits or retirement plans.
Life expectancy in many parts of Africa can be something around the age of thirty five to thirty eight. I mean you're very fortunate if you live to that age. In fact when I went to Uganda for the first time one of the things that occurred to me was that I saw very few elderly people.
We don't want to end up in a class war. We want everyone to have food, clean water, and a long life expectancy.
The Gilded Age robber barons - the Goulds, the Vanderbilts, the Morgans and Rockefellers - did quite well under laissez-faire. Most of the rest of Americans were still stuck in the ditch, with little to no economic security, life expectancy of roughly 45 years, and horrific infant mortality rates that claimed 300 babies per 1,000 in the cities.
As life expectancy extends beyond 80 years in some parts of the world, more people are struggling with brain diseases. For older people, Alzheimer's, Parkinson's, and other conditions become a major impediment to quality of life.
When thinking about the future, it is fashionable to be pessimistic. Yet the evidence unequivocally belies such pessimism. Over the past centuries, humanity's lot has improved dramatically - in the developed world, where it is rather obvious, but also in the developing world, where life expectancy has more than doubled in the past 100 years.
The greatest stain upon this great Australian nation's character, without any question, is the great gaps that exist between our Aboriginal brothers and sisters in terms of their health, their education, their living conditions, their incarceration rates and life expectancy. It's a great stain.