Home › Forums › Financial Markets/Economics › GM seeks up to $30B in aid, to cut 47,000 jobs › Scarlet, To clarify, I was
Scarlet,
To clarify, I was not calling you Stupid…nor would I ever call anyone stupid. We all have areas of ignorance in our lives concerning certain subjects.
I was simply trying to state the fact that this business model is STUPID and will not work and has always been doomed to failure from the beginning.
You cannot pay retirees salaries that do not contribute to your current production.
It is also a fact that Union Auto Workers get paid much more than workers at Toyota or Honda making these firms like GM and Ford bound for the grave…
