Tuesday, September 18, 2007

Wait a minute... there are 73,000 UAW autoworkers supporting 340,000 retirees & surviving spouses of retirees? There's a five to one support ratio for workers to pensioners in the unionized auto industry?

I'd *heard* that there was an impossible situation brewing among the Big Three, but I'd no idea it was so apocalyptic. I can only hope none of my 401k mutual funds have anything invested in those companies...

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