There’s probably no stopping the constant lecturing of Tea Party Republicans about how awful it was for the federal government to have rescued GM and Chrysler. And it would be too much to expect them to understand how collective bargaining between unions and management can produce positive outcomes for civil society.
But for the rest of us, it’s worth noting this story in today’s Detroit News.
Signing and profit-sharing bonuses for hourly workers at Detroit’s Big Three will give autoworkers a nice wad of cash in time for the holidays, pumping an estimated $200 million into the Michigan economy starting next month.
Metro Detroit businesses say they expect a much-needed boost in sales — and some stores already report an uptick in spending.