America’s Persecuted Minority?

From the WSJ ($): “The Medicare prescription-drug law passed late last year is having a healthy effect on the outlook for corporate finances. Within the past few weeks, a handful of large companies have reported they expect to collectively save more than $2.5 billion over time, thanks to the new government subsidy for employers that offer prescription-drug benefits to retirees. These include estimated savings of $572 million at BellSouth Corp., $415 million at AMR Corp.’s American Airlines, $300 million to $400 million at Deere & Co., $190 million at Alcoa Inc., $450 million at U.S. Steel Corp., and $500 million at Delphi Corp.”