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There are 2.3 retirees drawing benefits for every 1 GM worker. That should tell you something. <br /> <br />That would also tell you that GM's plans for massive layoffs isn't going to change that 2.3 to 1 ratio. GM is not tackling the legacy problem, instead it seems they're just trying to placate Wall Street in the interim. <br /> <br />Maybe they think the feds will bail out the legacy liabilities.
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