Obama Saved the Unions, Not Detroit?
He just did so in a way that violated every fundamental principle of America’s bankruptcy code, undermined the rule of law, and cost taxpayers an extra $26.5 billion.
Bankruptcy expert and George Mason University Law School professor Todd Zywicki and Heritage Foundation labor expert James Sherk exposed the truth this week in their new paper: “Auto Bailout or UAW Bailout? Taxpayer Losses Came from Subsidizing Union Compensation.”
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