22 June 2009

Robert J. Samuelson - Both Corporate, Public Welfare Are Endangered - washingtonpost.com

The U.S. welfare state is weakening; insecurity is rising. The sensible thing would be to decide which forms of public welfare are needed to protect the vulnerable and to begin paring others. Our inaction poses another dreary parallel with GM. It was obvious a quarter-century ago that GM the auto company could not support GM the welfare state. But the union wouldn't surrender benefits, and the company acquiesced. Inertia prevailed, and the reckoning came.
Robert J. Samuelson - Both Corporate, Public Welfare Are Endangered - washingtonpost.com

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