Commentary

Big Labor and Government Motors

By CFIF Staff
Thursday, June 04 2009

Less than a month after Vice President Joe Biden told labor union leaders that he believed that the best way to build the middle class is to help their unions grow, General Motors filed for bankruptcy protection and few in the auto industry seem willing to discuss the role that unions played in its demise. With the United Auto Workers’ benefit plan expected to receive nearly a 20% ownership stake in what is now Government Motors as a result of the bankruptcy filing, some reports indicate that the current deal means that the union was successful in taking on less risk than it would have under…

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"Senate Democrats feel confident after Tuesday's election that they have the advantage over Republicans in the government shutdown battle and are pointing to President Trump's statement that Republicans are getting 'killed' politically as a big reason to stand their ground.A bipartisan deal hashed out by centrist Democrats and Republicans on the Senate Appropriations Committee to reopen the government…[more]

— Alexander Bolton, The Hill

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