Reason.com
Shikha Dalmia on GM’s Government Handouts
Three years after being rescued by a taxpayer
bailout, General Motors recently announced some rather ambitious
profit targets for 2012. But even if it meets these targets, writes
Shikha Dalmia, taxpayers should not wait on one foot to recover
their remaining “contributions” to the company. The company’s cash
cushion is more likely to go to unions than to investors.
Most Popular Stories
- Obama's Secret Kill List (5.31)
- Is the Obama Recovery Over? Or Has it Not Really Started Yet? (5.30)
- Five House Members Pledge to Continue Rep. Ron Paul's Fight For Saner Marijuana Policies (5.31)
- White House Visitor Logs Show Barack Obama Has Spent More Time With George Clooney Than DEA Chief Michele Leonhart (5.31)
- Scott Walker Enjoys Commanding Lead in Latest Poll (5.31)
Reason RUPE: Public Opinion Survey
- Are Americans Willing to Take Away Public Union Rights? (6.1)
- Wisconsin: 65 Percent Believe Gov’t Workers Receive Better Retirement Benefits (5.29)
- Wisconsin: 69 Percent Favor 401(k)-Style Accounts for Government Workers (5.29)
- 17 Percent of Wisconsinites Favor Disbursing Retirement Benefits to Gov’t Workers Before Age 60 (5.29)
- Reason-Rupe: Wisconsinites Favor Increasing Public Union Retirement Contributions to Address Budget Deficit (5.25)
Reason on Facebook
Reason on Twitter
Reason on YouTube
Reason RSS
Site comments/questions:
Media Inquiries and Reprint Permissions:
(310) 367-6109
Editorial & Production Offices:
3415 S. Sepulveda Blvd.
Suite 400
Los Angeles, CA 90034
(310) 391-2245