What is the Price of a Golden Parachute?
Fewer than ninety days after after receiving fifty billion dollars from the collective pockets of the United States taxpayers, airline companies are now predicting massive layoffs in September. Moreover, prior to receiving that fifty billion dollar gift, airlines had already begun to layoff and furlough employees, most of whom have not been recalled subsequent to the bailout. From the pockets of many into the pockets of the few. Timing is everything. Too big to fail. It’s a familiar refrain. Will we ever learn from our mistakes? Does one president’s administration learn from a prior administration? Before getting righteous, let’s first …