Win-Win (sort of) for the New Economy

For many, this will be a sad day indeed.  Hostess Brands, a long-time purveyor of myriad combinations of industrially processed hydrogenated trans-fats and high-fructose corn syrup, has announced that it will file for Chapter 7 liquidation.  Kaput.  Why?  They’ve been squeezed to death by various labor unions, who are now losing their jobs as a result.

Oh, what word should a free-marketeer use to describe this turn of events???  How about “ambivalence”?

HT

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