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Kerry Killinger

American businessman and former CEO of Washington Mutual

Feb 9, 2025

14:06
I don't know how we get out of this until people actually revolt about it.
14:11
Well, you're making some really good points.
14:12
And I think something interesting, I often think about the, I'll call it the executive bureaucracy from all the agencies and everything.
14:22
That is really the fourth branch of government now, and maybe the most powerful.
14:26
The average employee has three times the longevity as private industry.
14:32
And so they've been in there for a long, long time.
14:35
And they've learned that if all they have to do is kind of wait out the current executive branch, because they're going to be gone in four years or eight years, whatever it might be.

25 MINS LATER

39:56
Locating that middle of what constitutes a middle-class standard of living these days in the United States, because it's different around the world, that to me is a thing for politicians and our policymakers to decide what is a reasonable expectation these days.

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