People ponder, “How many calories might I eat or burn? Will exercise bring me bliss? What is my heart rate, my blood pressure, and how are my Triglycerides? What is my HDL, [High Density lipoproteins] or LDL [Low-density lipoproteins]? Is my glucose level good?” BMI [Body Mass Index] is an important concern, or is it. I contend our weight may not be the issue. Calories are not the contribution that counts, cellular considerations do.
For years, we have heard General Motor’s executives complain of costs. They say the cost of doing business in America is too high. According to corporate administrators, American laborers insist that employers cover health care expenses. Companies must honor pensions awarded in the past, and then there are those wages, oh, those wages. The management has cried out; they cannot continue do business under these circumstances and still make a profit. General Motor’s bosses plead for understanding and ask their workers to sacrifice their wages and benefits. Even when the laborers comply, it is never enough.
Chief executives at General Motors, and in other American companies, ultimately take control. They cut and cut; overhead must go. Production and producers be damned, the bottom line lies with the shareholders. To boost the numbers corporations have reduced the workforce. They have decreased the dollars paid out for health care. They have eliminated many sick days and are unwilling to provide benefits for families. Now, they are “Offering [a] Buyout Deal to More Than 125,000 Workers.” Though not all news reports mention this, if the employees accept the deal they must forego once expected health benefits.
The New York Times article, G.M. to Offer Buyout Deal to More Than 125,000 Workers, seems to paint a rosier scenario than some other media sources. They quote Robert Betts, president of the U.A.W. local at the Delphi plant in Coopersville, Michichan, as saying “the offers were attractive.” Mr. Betts claims, "If someone is going to give you $35,000 to take your pension, that's good," He continued. "I think a whole lot of people are going to hit the road over this."
“Wonderful” said stockholders; shares of G.M. rose shortly after the news was released. Is the action good; or is it only one more blunder in a longstanding series of shortsighted solutions?