Up until last night, I was adamantly against bailing out Big Auto. From a practical viewpoint, it seems like a terrible idea -- throwing good money after bad, wasting money that could and should be used for better things, propping up a dying, wasteful behemoth of an industry that has done everything in its power to resist looking into the future ....
Then I stumbled across a little piece of propaganda making the rounds. This notion that UAW workers in Detroit make $70 an hour. I'd seen it everywhere, and I hadn't really questioned it. I figured, okay, if everybody's saying it in all the news media, it's probably true. How could they so brazenly lie about a fact such as that? Well, it turns out it WAS a lie. So I wrote about it last night, here:
Do you think UAW workers make $70 an hour?
When I wrote this, I was still against the bailout. Then, someone named LeftHandedMan posted a comment which blew my mind. Follow me over the bump.
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