There's no truth to the rumor that Gordon Stewart retired as president of the Insurance Information Institute to run for the White House, but the man who was once a speechwriter for President Jimmy Carter did introduce a concept last year that I believe a savvy presidential candidate could ride to victory in November 2008.
Mr. Stewart and the Institute–eager to broaden beyond its property-casualty borders into the life, health and financial planning sectors–held a conference in Aspen just about a year ago on “The American Social Contract: Moving Toward a 'Next Deal.'”
By “Next Deal,” Mr. Stewart means what government policy might take the place of the “New Deal” put forth by FDR to help struggling people meet their life challenges–primarily retirement and healthcare. These days, people also worry about how to finance their kid's college education, life-time job training to keep up with globalization, long-term care, and similar threats to an individual's and family's well-being.
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