Word: wyss
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Dates: during 2000-2009
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...WYSS: I think there is a big difference in that we're 10 years closer to 2010. After that, when the baby boomers start retiring, expenditures really start spiraling...
...WYSS: It's a change in the structure of the job market. First, the payroll numbers miss new-corporation formation. In an economic upturn, that's a big deal. Second, companies are not hiring; they are putting people on contract. Those don't show up in the payroll numbers...
...WYSS: In the long run, we have to raise taxes and cut spending. Politically, you can't do it all on the spending side...
...WYSS: I'll give you 10 to 1, there will be a tax increase by the end of the decade...
...WYSS: No, but it does suggest there was fraud in passing them with the sunsets...