To Bail Or Not To Bail... That is the Question

America's auto Industry helped create the black middle class by paying fair wages to working class Black Americans and providing the upward mobility at a time no other industry would.

Now some lawmakers are telling the automakers to toss out long-fought for labor agreements with unions, in order to receive help from the government. This is especially troublesome when already too many companies get away with not providing health benefits, hiring illegal immigrants to do menial jobs for little pay and no benefits.

Basically, the narrative that some are suggesting goes a little something like this: a bailout for the car companies is basically a bailout for part of the middle class, since many members of the middle class work for the auto industry. No place is this truer than in Detroit, Michigan.

In the end, it's the taxpayers who should decide whether to bailout the auto industry the same way we've bailed out the banks. Or, as some Democrats suggest, use some of that bank money to help the car manufacturers.

What do you think?

While you're pondering the question, here's a piece from a colleague's site about the auto bailout and how it is linked to the middle class.