Yes, GM negotiated these concessions years ago, and employees went to work every day thinking the company would take care of them for life.
CNN: Unions have to make concessions
Yes, even GM, under those favorable conditions should have been expected to turn a profit this year.
FORBES: Grasping The Full Costs Of The Auto Bailout
"But if you ask a poor person if they would prefer to get GM food that costs less, they will say yes!"
FORBES: Rice War
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