Originally posted by Rover
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The 2018 midterm elections!
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CCT '77 & '78
4 kids
5 grandsons (BCA 7/09, CJA 5/14, JDL 8/14, JFL 6/16, PJL 7/18)
1 granddaughter (EML 4/18)
”Any society that would give up a little liberty to gain a little security will deserve neither and lose both.”
- Benjamin Franklin
Banned from the St. Lawrence University Facebook page - March 2016 (But I got better).
I want to live forever. So far, so good.
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Re: The 2018 midterm elections!
Originally posted by joecct View PostThat's because the Ds have great cat herders in Pelosi and Schumer and the GOP doesn't.**NOTE: The misleading post above was brought to you by Reynold's Wrap and American Steeples, makers of Crosses.
Originally Posted by dropthatpuck-Scooby's a lost cause.
Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.
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Originally posted by ScoobyDoo View PostGreat cat herders when they get to the Hill. Horrible cat herders when it comes to voting.
(Yea, it's a generalization, but the more I talk to people who are doing the hiring, the more I think it's true)CCT '77 & '78
4 kids
5 grandsons (BCA 7/09, CJA 5/14, JDL 8/14, JFL 6/16, PJL 7/18)
1 granddaughter (EML 4/18)
”Any society that would give up a little liberty to gain a little security will deserve neither and lose both.”
- Benjamin Franklin
Banned from the St. Lawrence University Facebook page - March 2016 (But I got better).
I want to live forever. So far, so good.
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Re: The 2018 midterm elections!
Originally posted by joecct View PostThat's because the youth want everything handed to them and are unwilling to work hard for it.
(Yea, it's a generalization, but the more I talk to people who are doing the hiring, the more I think it's true)
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Re: The 2018 midterm elections!
Originally posted by BassAle View Postwasn't your generation handed a job for life with a pension when you graduated college?**NOTE: The misleading post above was brought to you by Reynold's Wrap and American Steeples, makers of Crosses.
Originally Posted by dropthatpuck-Scooby's a lost cause.
Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.
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Originally posted by BassAle View Postwasn't your generation handed a job for life with a pension when you graduated college?
Then we had to demonstrate that actually knew our subject matter. Culls happened.
And, depending on where you ended up, you may have had a pension upon retirement. Others lost theirs on mergers or bankruptcies or restructuring.CCT '77 & '78
4 kids
5 grandsons (BCA 7/09, CJA 5/14, JDL 8/14, JFL 6/16, PJL 7/18)
1 granddaughter (EML 4/18)
”Any society that would give up a little liberty to gain a little security will deserve neither and lose both.”
- Benjamin Franklin
Banned from the St. Lawrence University Facebook page - March 2016 (But I got better).
I want to live forever. So far, so good.
Comment
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Re: The 2018 midterm elections!
Originally posted by joecct View PostAnd, depending on where you ended up, you may have had a pension upon retirement. Others lost theirs on mergers or bankruptcies or restructuring.
The companies increased their profits by promising great retirements to their workers so they could pay them less. Then they all cash out and bankrupt the pensions and the workers get screwed.
It's amazing what has happened since 1980. And we elected Trump to fix it. Hysterical.**NOTE: The misleading post above was brought to you by Reynold's Wrap and American Steeples, makers of Crosses.
Originally Posted by dropthatpuck-Scooby's a lost cause.
Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.
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Originally posted by joecct View PostThat's because the youth want everything handed to them and are unwilling to work hard for it.
(Yea, it's a generalization, but the more I talk to people who are doing the hiring, the more I think it's true)
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Re: The 2018 midterm elections!
Originally posted by joecct View PostThat's because the youth want everything handed to them and are unwilling to work hard for it.
(Yea, it's a generalization, but the more I talk to people who are doing the hiring, the more I think it's true)
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Re: The 2018 midterm elections!
Originally posted by ScoobyDoo View PostThat's my fave.
The companies increased their profits by promising great retirements to their workers so they could pay them less. Then they all cash out and bankrupt the pensions and the workers get screwed.
It's amazing what has happened since 1980. And we elected Trump to fix it. Hysterical.
But I don't think that is the sole, or even the primary reason for the demise of the pension/defined benefit form of retirement in the private sector. The primary problem is demographics. It was a lot easier to pay pensions when you might have four or five employees working for every retiree to whom you were paying a benefit. But by the 1970's/80's, anyone with a lick of sense could see the glut of baby boomer retirees coming down the road, and even "simple math" painted a pretty bleak financial picture for companies who continued to use them.That community is already in the process of dissolution where each man begins to eye his neighbor as a possible enemy, where non-conformity with the accepted creed, political as well as religious, is a mark of disaffection; where denunciation, without specification or backing, takes the place of evidence; where orthodoxy chokes freedom of dissent; where faith in the eventual supremacy of reason has become so timid that we dare not enter our convictions in the open lists, to win or lose.
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Re: The 2018 midterm elections!
Originally posted by SJHovey View PostI'm not going to say that there aren't individual cases where that happened. Promising future benefits to pay less today is a way bad management can kick financial trouble down the road a few years, or even decades.
But I don't think that is the sole, or even the primary reason for the demise of the pension/defined benefit form of retirement in the private sector. The primary problem is demographics. It was a lot easier to pay pensions when you might have four or five employees working for every retiree to whom you were paying a benefit. But by the 1970's/80's, anyone with a lick of sense could see the glut of baby boomer retirees coming down the road, and even "simple math" painted a pretty bleak financial picture for companies who continued to use them.**NOTE: The misleading post above was brought to you by Reynold's Wrap and American Steeples, makers of Crosses.
Originally Posted by dropthatpuck-Scooby's a lost cause.
Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.
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Re: The 2018 midterm elections!
Originally posted by ScoobyDoo View PostYet, every actuary on the planet missed it when it counted. And now we're all ****ed.
They found it when it was to their advantage and drove the plans to pile cash.
They found it again and drove the "reconfiguring" of retirement plans.The preceding post may contain trigger words and is not safe-space approved. <-- Virtue signaling.
North Dakota Hockey:
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Re: The 2018 midterm elections!
Originally posted by The Sicatoka View PostNo, they found it.
They found it when it was to their advantage and drove the plans to pile cash.
They found it again and drove the "reconfiguring" of retirement plans.**NOTE: The misleading post above was brought to you by Reynold's Wrap and American Steeples, makers of Crosses.
Originally Posted by dropthatpuck-Scooby's a lost cause.
Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.
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