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Video: Romney Insists He Was Right About Allowing the Auto Industry to Go Bankrupt

296
Buck6/14/2011 2:38:41 pm PDT

re: #287 Targetpractice, Worst of Both Worlds

Aren’t they also relative newcomers to our shores, without the large number of retiree pensions to pay?

OK, so if I understand you right you think it is the unsustainable pensions to blame. I have never seen that before. However it might still fall under too rich a union negotiated benefit. A pension plan needs to have continued contribution and healthy investment income in order to be solvent.