I didn't say Socialism worked, YOU drew the conclusion that the bridge loan was Socialism. Your Black and White assumption.
Your comments on the jobs are simply clueless.
Well I seem to be the only one bringing forth data. So I am not as clueless as you who just want us to believe you because you say it is so.
And by the way, for the sake of argument we can suspend talk about retirements (you were wrong it is ok) I made my point clearly. Let's talk about the Job Banks and their associated costs.
For those on this board that do not know what a job bank is let me illustrate it with this excerpt:
Then there's the "Job Bank"
When a D3 (Detroit 3 carmaker) lays an employee off, that employee continues to receive all benefits - medical, retirement, etc., etc., PLUS an hourly wage of $31/hour.
Here's a typical story....
Ken Pool is making good money. On weekdays, he shows up at 7 a.m. at Ford Motor Co.'s Michigan Truck Plant in Wayne, signs in, and then starts working -- on a crossword puzzle. Pool hates the monotony, but the pay is good: more than $31 an hour, plus benefits.
"We just go in and play crossword puzzles, watch videos that someone brings in or read the newspaper," he says. "Otherwise, I just sit."
Pool is one of more than 12,000 American autoworkers who, instead of installing windshields or bending sheet metal, spend their days counting the hours in a jobs bank set up by Detroit automakers as demanded by the United Auto Workers Union - UAW - as part of an extraordinary job security agreement.
And still we wonder why it works out that there is on average, an extra $2,000 of cost per vehicle produced by one of the D3 as compared to the J3.