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One response to “Let’s Face It: The Government is Crappy at Picking Winners and Losers in Business”

  1. Vatcha

    Actually the bailout included significantly lower pay scale for new union hire\’s so over time payroll expense will go down. It also offloads pension/healthcare responsibilities to the union so that expense is no longer a factor.

    True cost to taxpayers is very complicated, but any serious discussion has to include a time factored calculation of jobs saved/maintained as part of the action and what effect that has on taxpayers by way of direct benefits such as unemployment benefits and other social services as well as indirect costs of reduced property tax and federal and state income tax.

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