Maybe he should update the lyrics...allow me a little creative license here...
Well we're living here in GM-town
And they're closing all the factories down
Out in Buffalo they're killing time
Filling out forms
Standing in line
Well our fathers fought the Second World War
Spent their weekends on the Ontario Shore
Met our mothers in the USO
Asked them to dance
Danced with them slow
And we're living here in GM-town
Well we're waiting here in GM-town
For the hope and dreams we never found
For the promises our teachers gave
If we worked hard
If we behaved
So the graduations hang on the wall
But they never really helped us at all
No they never taught us what was real
Hybrids and oil
And Japanese steel
And we're waiting here in GM-town
Here's the local coverage of these sad times from my hometown, Buffalo, N.Y.
Delphi's push to win extensive wage and benefits concessions is part of a trend that is driving the American Dream beyond the reach of U.S. factory workers
Delphi Corp. says that $25-an-hour factory jobs and comfortable pensions are luxuries of a past era that it can no longer afford, an era that may be remembered as the golden age of blue-collar workers.
The bankruptcy of the auto parts maker is seen as the first notch in a financial belt-tightening that, over the next few years, will squeeze the U.S.-based auto industry, including Delphi's former parent, General Motors.
That means more trouble for the vanishing blue-collar way of life, in which a single wage earner could support a family in middle-class comfort. "These are high-paying jobs," said George Palumbo, an economics professor at Canisius College.
Full article here