“The Cadillac of health-care plans is being traded in,” The New York Times cleverly stated last month, describing United Auto Workers union concessions to struggling General Motors. Too bad all the UAW did was trade in its old Cadillac for a new one with a few less frills. If it wants to survive long term, the UAW has to face reality, dump the Cadillac and start driving a bare-bones minivan like the rest of us middle-class folk. So far this year, GM has lost $3 billion, and it ...
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