"We ended up getting a ton of mediocre shots. The longer we did that, the more they got confidence that they could stay in the game. Then we got ourselves in a hole that we had a tough time digging ourselves out of. We got three shots at the end, but we never should have been in that situation."
"It's similar to asking a big part of the labor force to leave. In today's economy where the job market is at capacity, asking people to leave means the economy will not grow as fast. In fact, there could be a very difficult adjustment over the first three to four years when this process is in full swing."