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November 16, 2005

Quote of the Day

Liberal WaPo columnist Robert Samuelson on why the AARP has become "America's most dangerous lobby:"

Anyone who's watched the steel and auto industries can visualize AARP's America. In those industries, companies and unions unrealistically agreed to overly generous pensions and retiree health benefits that, as the number of retirees multiplied, overburdened the companies. Now past promises collide with present economic realities. Workers and retirees suffer. Wages and jobs are cut; so are pensions and retiree health benefits. On a much larger scale, that may be America's fate.

November 16, 2005 at 11:49 AM | Permalink

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