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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (258718)11/7/2005 9:59:56 AM
From: i-node  Read Replies (3) of 1573139
 
General Motors is reducing retirees' medical benefits. Delphi has declared bankruptcy, and will probably reduce workers' benefits as well as their wages.

Why, hell yes. Because the freaking unions have decimated the American automobile industry. These companies are both in horrible financial condition as a result of massive payments they have to make for essentially unskilled laborers. And that's BEFORE the billions spent on their healthcare.

The American auto industry has become totally uncompetitive as a result of the damned unions. You can't build enough Silverado trucks to pay the healthcare of every GM employee.

Duh.

An internal Wal-Mart memo describes plans to cut health costs by hiring temporary workers, who aren't entitled to health insurance, and screening out employees likely to have high medical bills.

I'm not sure how Walmart can be criticized for this policy. OF COURSE they want to hire only healthy people. OF COURSE they want to use less expensive workers when they can. OF COURSE they want to hire workers who aren't likely to have high medical bills.

I'm not sure what Krugman and you, the Socialists, want. Maybe Walmart should just shut its stores down and go home. Perhaps that would satisfy you two, but nothing else will.
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