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Americans cannot maintain their essential faith in government if there are two Americas, in which the private sector's work subsidizes the disproportionate benefits of this new public sector elite.
Mortimer Zuckerman
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Mortimer Zuckerman
Age: 87
Born: 1937
Born: June 4
Businessperson
Editor-In-Chief
Journalist
Media Proprietor
Publisher
Montreal
Quebec
Mortimer B. Zuckerman
Mortimer Benjamin Zuckerman
Faith
Elites
Two
Maintain
Cannot
Essential
Government
Essentials
Work
Private
Subsidizes
Benefits
Disproportionate
Americans
Elite
Public
Sector
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Before you build a better mousetrap, it helps to know if there are any mice out there.
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Millions of public workers have become a kind of privileged new class - a new elite, who live better than their private sector counterparts. Public servants have become the public's masters. No wonder the public is upset.
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The most critical factor subduing the demand for housing is that home ownership is no longer seen as the great, long-term buildup in equity value it once was.
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The unique danger today is the possibility that we may face longer-term stagnation as a consequence of relying too heavily on borrowed money.
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Natural erosion had reduced the critical barrier islands in the Gulf, the result of the destruction of some 300,000 acres of wetlands. This amounted to 30 miles of marshlands.
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For the baby boomer generation, a home is now seen not as the cornerstone of advancement but a ball and chain, restricting their ability and their mobility to move and seek out a job at another location.
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