quote by Ben Shapiro

The story of Detroit's bankruptcy was simple enough: Allow capitalism to grow the city, campaign against income inequality, tax the job creators until they flee, increase government spending in order to boost employment, promise generous pension plans to keep people voting for failure. Rinse, wash and repeat.

— Ben Shapiro

Most Powerful Pension Plan quotations

Pension plan quote You must be willing to leave the life that you planned in order to find the one

You must be willing to leave the life that you planned in order to find the one waiting for you.

The universe is like a pension plan. It will match your investment.

A corporation's responsibility is to the shareholders, not its retirees and employees. Companies are doing everything they can to get rid of pension plans and they will succeed.

Pension plan quote Rushing never saved the time that planning did.

Rushing never saved the time that planning did.

47

You most likely need a thesaurus, a rudimentary grammar book, and a grip on reality. This latter means: there's no free lunch. Writing is work. It's also gambling. You don't get a pension plan. Other people can help you a bit, but ­essentially you're on your own. Nobody is making you do this: you chose it, so don't whine.

I would not be opposed to devising a new system of pensions, in which one part was based on collective provision, but which also gave incentives for people to take out an additional, personal plan.

Groups are corporations now. They have pension plans. Musicians have saw the daylight.

Pension plan quote If plan A fails, remember there are 25 more letters.

If plan A fails, remember there are 25 more letters.

38

The only way people can repay the debt is by cutting their living standards very drastically. It means agreeing to shift their pension plans from defined benefit plans - when you know what you're going to get - into just "defined contribution plans," where you put money in, like into a roach motel, and you don't know what's coming out.

Withdraw from the Canada Pension Plan.

.. Collect our own revenue from personal income tax... Resume provincial responsibility for health-care policy. If Ottawa objects to provincial policy, fight in the courts... [E]ach province should raise its own revenue for health... It is imperative to take the initiative, to build firewalls around Alberta.

People don't place their trust in government or company pension plans; they have to be self-reliant.

Pension plan quote Never look back unless you are planning to go that way.

Never look back unless you are planning to go that way.

When I was young, many people worked for a company with a pension plan that covered them for as long as they lived. If they didn't have a pension plan, they could count on Social Security and Medicare.

Airlines need staff to fly and maintain their aircraft.

They need to pay applicable taxes and gate fees. They need to buy new planes, repair worn-out parts, manage their company pension plan, and everything else a service industry has to do. But by far, the largest chunk of their non-payroll operating budget goes to fuel. That's what costs the most for any given flight.

In Western Europe, most countries have variations of the lifetime pension system for most workers so they are keeping the system that we are walking away from. By comparison, 50% of the American workforce is not offered any retirement plan by their employers. And of those who are offered a plan, roughly 25% do not choose to join. In other words, everything is voluntary, and that's one of the reasons our results are so perilous for most people.

Pension plan quote If something doesn't work change the plan, don't change your goal.

If something doesn't work change the plan, don't change your goal.

We need to reorganize our entire system of retirement plan investing and to develop federal standards of fiduciary duty for pension trustees and fund managers. These require "top down" intervention. But we also need investors to look after their own economic interests, a bottom up approach to our problems that is well within our individual power to undertake.

I, like everybody else, have lost most of my pension plan in this economic crash. So I have to. I'm going to call it I Slept With Everyone On Television.

You need somebody to support the retirees.

You need to pay into the pension plans. You need people to work at the hospitals, at the nursing homes.

Pension plan quote Don't dig up in doubt what you planted in faith.

Don't dig up in doubt what you planted in faith.

30

You have to abolish pension plans. You have to abolish social spending. You have to raise taxes. You have to have at least fifty percent of the European population emigrate, either to Russia or China. You would have to have mass starvation. Very simple. That's the price that the Eurozone thinks is well worth paying.

The greatest danger to an adequate old-age security plan is rising prices.

A rise of 2% a year in prices would cut the purchasing power of pensions about 45% in 30 years. The greatest danger of rising prices is from wages rising faster than output per man-hour.... Whether the nation succeeds in providing adequate security for retired workers depends in large measure upon the wage policies of trade unions.

I realized sometime in the early '80s that if I didn't do something - like planning for the future in a way, a kind of pension or something - that if I didn't do something there and then, I was going to be condemned to forever present my three years as a pop star, condensed, as a stage act for the rest of my life. Because that's normally what happens to people in the pop business.

Pension plan quote A goal without a plan is just a wish.

A goal without a plan is just a wish.

I suppose, as a politician, I should be content, for the Canada Pension Plan certainly put my name in Canada's history books, and in italics.

People don't place their trust in government or company pension plans; they have to be self-reliant.

In 2008, when the real estate market blew up, it principally hurt older people who saw the value of their houses go down, along with their pension plans.

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