Poor Ford – They Thought They Were Operating in the Market

The Washington Times, “Greedy Autoworkers,” editorializes the overwhelming rejection of the UAW’s proposed labor agreement.  Unlike GM and Chrysler, Ford elected to reject the bailout money and benefited from the consumer distrust of our newly nationalized auto sector.  Yet, Ford actually went into the black this past quarter. GM and Chrysler, operating as GSEs, are safe from strikes because the government takeover agreement forbids the UAW to strike.   Big Government is willing to discipline Big Labor.  In the market, odds shift and it may well be that Ford will pay a penalty for daring to go on its own.  How can the Obama Administration retain its Eagle Scout status, businesses insist on crossing the street on their own?