Re: This should have been the start of a beautiful
but Cyrus, those aren't really applicable points to the GM debacle/discussion, because GM went WAY beyond what most would consider good employee benefits and wages. GM paid really really HUGE benefits and high wages and as such the situation simply wasn't sustainable. The health and retirement benefits they offered were simply enormous and very costly to the company on a per-labor-hour basis; sorry I don't have the figures in front of me as I read the article weeks ago.
A different company's mass layoffs might provide more appropriate fodder for the discussion you envision. GM's problems however were simply inevitable because it was so very far on the side of highly paying workers and providing such tremendous benefits.
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