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Religion & Law

: Constitutionally Correct

As GM Goes So Goes California in Pensions

By ADF Alliance Alert (index)

Roger Lowenstein writes at Bloomberg: "With each new labor contract, GM management found it easier to grant sweeter future benefits than to raise current wages. Over time, benefits went up much more quickly. That left GM with a daunting unfunded health-care obligation . . .

Full post as published by Constitutionally Correct on June 03, 2009 (boomark / email).

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