Reply #8: What are you talking about? [View All]

[Hannah Bell]

Michigan is forecast to lose half a million jobs in the next two years in the fallout from the GM/chrysler debacle; that makes over 10 straight years of job losses in the state.

Not to mention the plants, dealerships & suppliers that will be shut down in other states.

When GM comes out of bankruptcy, 1/3 of their workforce will be gone, & the remaining 40,000 workers won't be able to vote on contract changes for years - which equals more layoffs coming.

25% of the workforce can now consist of workers at $14/hr, no bennies - & that is going to rise.

Work rules are changed to shut down skilled trades & bring in contract & temp workers.

The pension fund is underfunded. The workers forgave billions owed to their healthcare funds in exchange for stock currently worth nothing. Try paying for your surgery with it.

The new GM will do SHIT for the soon to be non-existent middle class. You're living in fantasy land.