We Have Seen The Future...
It used to be said by some pundits that one need only look to Europe and its culture of cradle to grave government and you'll see the USA about ten years down the road.
Margaret Thatcher pretty much took England out of that equation, but now we have only to look here at home, at the troubles of General Motors, to see just how decrepit The United States could get in what was supposed to be our (21st) century.
GM Chairman and CEO, Charlie Wilson said in 1955, that what is good for General Motors is good for America. The workers there took that to mean lots of company gravy for the men and women who crafted GM's product.
As years went by, the corporate culture at General Motors resembled socialism as much as it did capitalism The employees worked and lived more in the nation of General Motors than they did in any sort of competitive marketplace.
They got lazy. And lazy tends to lead to stupid, and then only poverty is left. And GM, as much a health care concern as a lousy car company, with 2 1/2 workers for every 1 unworker, retired, who continue to benefit from his or her years with the firm, is teetering on the edge of insolvency.
Social Security....are you watching?
Margaret Thatcher pretty much took England out of that equation, but now we have only to look here at home, at the troubles of General Motors, to see just how decrepit The United States could get in what was supposed to be our (21st) century.
GM Chairman and CEO, Charlie Wilson said in 1955, that what is good for General Motors is good for America. The workers there took that to mean lots of company gravy for the men and women who crafted GM's product.
As years went by, the corporate culture at General Motors resembled socialism as much as it did capitalism The employees worked and lived more in the nation of General Motors than they did in any sort of competitive marketplace.
They got lazy. And lazy tends to lead to stupid, and then only poverty is left. And GM, as much a health care concern as a lousy car company, with 2 1/2 workers for every 1 unworker, retired, who continue to benefit from his or her years with the firm, is teetering on the edge of insolvency.
Social Security....are you watching?
posted by Mr. Liberty at 3:36 PM
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