Patrick Mcilheranwelfare by Any Other Name in United Airlines Deal

Summary


Recall the rage aroused on the left by the phrase "Cadillac- driving welfare queen." The Cadillac part seemed particularly to frost them: Those recipients don't drive Cadillacs, they'd rage.

Right. The modern welfare queen flies 737s by the dozens and employs pilots.

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Patrick Mcilheranwelfare by Any Other Name in United Airlines Deal

In May, United Airlines, which has lost infamous sums and spent three years in bankruptcy court, made a deal to shed its pension plans to a federal insurer, the Pension Benefit Guaranty Corp. This relieved it of about $6.6 billion in promis...

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