So your bank account’s wiped out - Mark Steyn Opinion Top05 - Macleans.ca:
"Besides, in a society that’s all but eliminated the concept of moral hazard, who isn’t entitled to government largesse? The North American auto industry pays its workers so much that it’s unable to make a car at a price anyone’s prepared to pay for it. So naturally it’s been delivered into the corporate control of the very same unions who demanded those salaries. Under the hilarious Canadian bailout, “social justice” requires that auto workers who make $70 per hour be subsidized by taxpayers making less than a third thereof. If it’s unreasonable to expect a guy on 70 bucks an hour to make provision for lean times, why should anyone else?"
Friday, June 12, 2009
So your bank account’s wiped out - Mark Steyn Opinion Top05 - Macleans.ca
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