It will dramatically change the natural history of how children are able to participate in life. But let me give you one last number. If we're able to get the average American who today retires on average at age 61, get them just to work one year longer...we will increase the overall GDP of our nation by trillions of dollars. overall GDP of our nation by trillions of dollars. So we will reduce health care expenses. At the same time we jazz up the US economy with trillions of dollars created by the productivity of American workers. (20:45–21:09)
CLAIM
Asserts that extending the working age by one year could increase GDP by trillions of dollars.
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