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.
Sentiment: NEGATIVE
In the best of years, millions of jobs are lost.
Imagine choosing a job not on money or even on career advancement, but as part of a life worth living.
There is a kind of fear, approaching a panic, that's spreading through the Baby Boom Generation, which has suddenly discovered that it will have to provide for its own retirement.
I just see too many people retire and say, 'I'm going to take off, travel, spend time with my family' and they are just miserable. They end up dying. People who work and stay active, and like what they are doing, live longer.
We have so many people retiring that we do not have enough people paying into the system to be able to provide the benefits for those collecting those benefits.
It's critical - that the people that are benefiting today from Medicare and Social Security that they not see benefit reductions. It's awfully hard to tell someone who might be 82, that they've gotta go back to work, because their benefits are gonna be chopped. That's not gonna happen.
Many people will have nothing at the end of their working lives.
This has been a trend for a long time; the days of lifetime employment are long since over.
The jobs crisis has reached a boiling point, which is why we see Occupy Wall Street protestors crying out for an America that lets all of us reach for the American Dream again - a dream that says if you work hard and play by the rules, you can have a good life and retire with dignity.
Jobs are disappearing from every sector of the economy, from engineering to health care workers, forcing hundreds of thousands of families into unemployment and low-paying jobs.
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