Well, that really hits home in Kokomo, where the old manufacturing sector is shrinking, as it is everywhere where there is a manufacturing sector in this country.
CNN: Transcript of June 'CNN Money Summit: Money & Main St.'
Mr Ralfe based his calculations on what a typical 40 year-old public sector worker would expect to receive in pensions in retirement under the older system and under the new system.
Now, however, Paul Evans is known to have promised the financial services sector that the old dysfunctional days are over.
Then, on February 15th, came the elucidation of Mr Cameron's three-year-old plan for public-sector organisations to be run as co-operatives.
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Most factories today have an entirely new generation of workers, very different from the old guards of the public sector that was the backbone of central trade unions.
In addition to the credit issues that have become old hat, the financial sector was also confronted with a dramatic depreciation in the euro during the second quarter due to worries over sovereign debt in Greece and elsewhere.
Regular readers will be thrilled that our old friend, the construction sector, is in the frame again - the sharp fall in output in this sector in December is very much an estimate, which some consider a little fishy.
Speaking through their laptops and iPhones, people are increasingly able to organize themselves and solve social problems, independent of the old, creaky, public-sector industrial plant.
However, even a favourable ruling on interbank lending will not save most Landesbanken from their main problem: how can they compete profitably with the private-sector banks now that their old, natural business is to be phased out?
At the same time, this initiative will give a much-needed boost to our manufacturing sector by building new plants or upgrading old ones.
Now for the first time, these groups are focusing on the behaviour of foreign companies seeking to list on American stock exchanges--a process that looks set to make life a lot harder for old-style Chinese companies emerging from the state sector.
And it further weakened the old patronage system of Proporz, whereby many public-sector jobs, from drivers and janitors to head teachers and diplomats, were carved up between members of the two main parties.
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The " deregulatory stimulus" the tech sector requires would freeze regulations and purge decades of old ones.
One committee member, Tom Perkins, who is 78 years old, has experience working in venture capital in the tech sector.
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After six years of teaching business processes at the University of Memphis, he jumped into the private sector, landing at a two-year-old transportation startup called Federal Express.
Glenn Hutchins of Silver Lake thinks the tech sector is now in a similar condition to the old economy in America in the early 1980s, which is when private equity first started to have an impact, by restructuring and consolidating many industries.
The president wants to double U.S. exports by 2015, and his administration is working with the private sector (notably defense contractors) to rewrite decades-old export control rules.
New Labour, if not old Labour, has got over its historic antagonism to private-sector involvement in education, and several recent government-sponsored initiatives rely heavily on private-sector investment to succeed.
The continent is lagging in the all-important services sector, though Germany has managed to shake its "Old Europe" tag a bit to become a bigger exporter in the past year.
Mr Key, a 47-year-old former Merrill Lynch investment banker, has highlighted his financial-sector experience as an asset in a political leader at a time when an understanding of complex financial issues is paramount.
It is even more unusual that the leader should be Sarkozy, especially as he came to power on a platform of rupture with the French comforts of old: the 35-hour working week, toasty public-sector employment benefits and a generally negative attitude towards workaholism.
The old regime led whites to believe there would always be a public-sector job for them.
Fidelity National Financial competes with First American Financial (FAF) and Old Republic International (ORI) in the title insurance and mortgage services sector, and with Stewart Information Services (STC) in the insurance information services business.
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Research funded by the Kauffman Foundation shows that between 1980 and 2005 all net new private-sector jobs in America were created by companies less than five years old.
Instead, policymakers continue to replace old debt with new debt, shift it from the private to the public sector, and increase the amount of base money in the system to fill the gaps in both bank and government balance sheets.
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The Old Labour way was to put all its faith in public services and public-sector unions.
The old, taxpayer financing model clearly needs to give way to far more aggressive private sector investment model.
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This arm-and-sector design, around for half a century, made sense in the old days because the elbowlike fixed fulcrum allowed for the hand cranks to stay in one place.
The agenda covered the old chestnuts of the debate about the international financial architecture: how to involve the private sector in financial crises, the importance of international standards and codes of good practice, and the need for greater transparency.
According to a comprehensive survey by Dice, a 22-year-old website that specializes in technology jobs, the gender pay gap has disappeared in the tech sector.
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