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Taxpayers are being told that the middle class itself may be in peril if they don't bail out the auto industry. Look behind that tall claim and you'll find a liberal creation myth.
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You might call this the liberals' Middle Class Creation Myth. The auto industry is central to that tale not because of its bosses but because of the UAW, whose lavish contracts set the standard for the rest of organized labor. So all the talk today about saving the auto industry in order to save the middle class is really about preserving those union contracts.
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IBDeditorials.com: Editorials, Political Cartoons, and Polls from Investor's Business Daily -- Detroit Did All That? (http://www.ibdeditorials.com/IBDArticles.aspx?id=314322335946883 - broken link)
I say, let 'em go into bankruptcy. The UAW has done its job, has accomplished its tasks, time for them to "go home."
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