General Motors has 96,000 employees but provides health benefits to more than a million people. They can never sell enough cars to make that math add up. In fact, selling cars doesn’t help, as they lose money on each model.
GM is a welfare project masquerading as economic activity. And, after the Obama transformation, America will be, too.
The young need to recognize that this is their fight. They need to stop chanting along with the hopeychangey dirges and do something more effective, like form the anti-AARP: The association of Americans who’ll never be able to retire.
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Just between you, me, and the old, the late middle-aged and the early middle-aged – isn’t it terrific to be able to stick it to the young? I mean, imagine how bad all this economic-type stuff would be if our kids and grandkids hadn’t offered to pick up the tab.
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Well, OK, they didn’t exactly “offer” but they did stand around behind Barack Obama at all those campaign rallies helping him look dynamic and telegenic and earnestly chanting hopey-hopey-changey-changey. And “Yes, we can!” Which is a pretty open-ended commitment.
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| because he can just switch on the news and every week there’s his plucky little hero Big Government facing the same old crisis: Why, there’s yet another exciting spending bill with 12 zeroes on the end |
| If you’re an 18-year-old middle-class hopeychanger, look at the way your parents and grandparents live: It’s not going to be like that for you. You’re going to have a smaller house and a smaller car – if not a basement flat and a bus ticket. |
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