How Autoworkers Became More Equal Than Others

These generous subsidies account for more than the entire net cost of the GM and Chrysler bailouts. The excess funds and equity given to the union cost the Treasury $30 billion -- twice what taxpayers lost. Had the administration bailed out the automakers but treated the UAW impartially, taxpayers wouldn’t have lost anything. Instead, the union collected more than the entire U.S. foreign aid budget.

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