31 Quotes by Dallas Salisbury
- Author Dallas Salisbury
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I think many people end up taking buyout offers quickly because $100,000 (or some other lump-sum payment) can seem like a great deal of money, only to end up realizing after the fact that it wasn't enough to justify leaving. People need to avoid the wide-eyed feeling of I'm winning the lottery and make sure they think about if I am 50 I still got decades ahead of me.
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The American public needs help from the employers, help from the government to save. They're very concerned about not being told the truth about Medicare and Social Security. They're ready to deal with that truth.
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- Author Dallas Salisbury
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The PBGC report misses much of what has been happening among defined benefit plans.
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What those Social Security cash flows are being used to do today is to pay down federal debt. If the government chooses to not use those trust fund dollars, if they do end up with a shortfall, then what they'll do is go into the public market, and sell debt to raise cash, and use the Social Security money to pay off other debt.
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We are urged each and every day to spend and borrow and live for the moment. Don't you know that you can't live without that 51-inch projection television? How can you conceivably drive a 15-year-old car?
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Very little is likely to happen in 2006 because Congress and the White House are already focused on elections.
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Even the granddad companies that maintained these benefits are on a track moving away from it.
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The time to sell is not after the market has already dropped by 25 percent,
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It would be if employers start to feel that what they've done is adversely affecting hiring, and secondly, that it is affecting retention.
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