A Quote by Chris Sacca

The old economy with careers and benefits and pensions is gone. There are scary implications to that. — © Chris Sacca
The old economy with careers and benefits and pensions is gone. There are scary implications to that.
One of the big problems in America's economic polarization and shrinkage is that pensions can't be paid. So there are going to be defaults on pensions here, just like Europeans are insisting in rolling back pensions. You can look at Greece and Argentina as the future of America.
The idea of getting a lifetime job, and making $100,000 a year, with benefits, is dead and gone. It's over. And it may never come again. That's a very scary thought for a lot of people.
Some taxpayers may object to a print journalism bailout on the grounds that it mostly benefits the liberal elite. And we can't blame taxpayers for being reluctant to subsidize the reportorial careers of J-school twerps who should have joined the Peace Corps and gone to Africa to 'speak truth to power' to Robert Mugabe.
I've had two pensions each that have gone down by 50%.
I respect the state workers and I respect their unions, but we simply can't afford to pay benefits and pensions that are out of line with economic reality.
We're the richest economy in the history of the world. For the majority of Americans not to get the benefits of this extraordinarily prosperous economy, there's something fundamentally wrong.
song of elli (old age) "What is plucked will grow again, What is slain lives on, What is stolen will remain What is gone is gone... What is sea-born dies on land, Soft is trod upon. What is given burns the hand - What is gone is gone... Here is there, and high is low; All may be undone. What is true, no two men know - What is gone is gone... Who has choices need not choose. We must, who have none. We can love but what we lose - What is gone is gone.
Democrats may want working-class white Rust Belters to have good jobs at high wages with pensions and health benefits, but they can't make them vote that way.
There's no pensions for old prize fighters.
We aim to restore our focus on building an economy in which all South Africans can flourish, an economy which benefits the people as a whole rather than a privileged few.
The only way to grow the economy in a way that benefits the bottom 90 percent is to change the structure of the economy. At the least, this requires stronger unions and a higher minimum wage.
There are tons of examples of U.K. and European mistakes. A classic one is pensions. That's obviously not an America-specific thing. The British and European economies are suffering under the weight of what is to come. The next great Ponzi scheme after Madoff is probably pensions.
Old people are scary. And I have to face it. I am old and I am scary.
We focus sometimes too much on the minimum wage, and we should be talking about living wages and middle class wages and pensions and benefits and the kind of thing that people in the industrial Midwest talk about all the time.
Given our inevitably incomplete knowledge about key structural aspects of our ever-changing economy and the sometimes asymmetric costs or benefits of particular outcomes, a central bank... need to consider not only the most likely future path for the economy but also the distribution of possible outcomes about that path. They then need to reach a judgment about the probabilities, costs, and benefits of the various possible outcomes under alternative choices for policy.
All of the jobs have gone away to satisfy the stockholders, so that's where the economy has gone. These major multinational corporations do not see their futures in America.
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