02/11/2009
THE REAL WORLD,, AGAIN!
http://www.cqpolitics.com/wmspage.cfm?docID=cqmidday-000002992666
FORD PLANS RESTRUCTURING
December 02, 2008 2:50 PM
Washington's efforts at reforming, stabilizing, boosting the economy may work in the short run yet, but they are doomed. The fact remains as the population keeps increasing, fewer and fewer people are needed to perform the actual "work". That is the problem today with the social security and Medicare already. It is not that we only have two workers to support each retiree, it is that more workers are not needed to perform any gainful "functions" and thus have reasonable income to base the tax on. You can see the problem, if you can relate one to the other, in the auto industry. As the leaders of the three auto makers are in Washington again, hats in hand, their problem is not that they flew in on private jets, (the whole idea is a created distraction form the real problems) the problem is that they need fewer workers ( read automation and technology) and pay them less now , and to make less in profits, ( TO COMPETE IN THE GLOBAL MARKET), and thus the contributions to support the retiree's pensions and health care have fallen. It is the same problem in social security, fewer workers, lower wages, and more beneficiaries. At the same time, it would be funny, were it not so ironic that the congress and the senate are accusing the auto makers of mismanagement and poor planning, is it not the kettle calling the pot black!
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