There is another troubling trend. We are seeing a pretty good growth in the public sector, but in the private sector we are seeing shrinkage in the pension plans. More and more, that gap is starting to widen. In the private sector, for whatever reason--whether companies are stressed at this point or whether people just don't make the choice.... Do you see it as a problem? Are you thinking that if we don't get a handle on this, if we don't improve the private sector, we may have some real disparity here that causes social difficulty?
On December 1st, 2009. See this statement in context.