Robert Reich @RBReich As a former secretary of labor, I can tell you that the airlines don't deserve a $50 billion bailout. In the last 10 years, they spent 96% of their cash flow to buy back shares of their own stock in order to boost executive bonuses.
They shouldn't see a dime of taxpayer money.
As a former secretary of labor, I can tell you that the airlines don't deserve a $50 billion bailout.⁰ In the last 10 years, they spent 96% of their cash flow to buy back shares of their own stock in order to boost executive bonuses.