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Old 12-12-2008, 05:27 PM   #26
Homeslice
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Join Date: Nov 2008
Location: SF Bay Area
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Quote:
Originally Posted by Mudpuppy View Post
Ford, GM and Chrysler have a shitload of retirees and that adds big time to the cost of a car. They, for now while they can, are taking care of these retirees - it cost billions for them to do so and rightfully so - you work your entire life making a company money they shouldn't throw you in the dumpster and move on.
How many other industries, besides automotive and maybe the big aerospace firms, provide pensions and heath care to their retirees anymore?

Maybe people should start planning their own retirement savings, instead of blowing half their paycheck on boats and swimming pools like I see so many autoworkers doing.
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