OBLIGATION/INNOVATION: NOT AN EITHER/OR QUESTION

GENERAL MOTORS, never far from the headlines in the United States, recently captured them again. The automaker is losing money and had to announce cutbacks to its workforce. The company feels it must shrink into a leaner, more nimble car company.

Good idea, say experts. But the cutbacks won't solve one particular financial issue. GM has an enormous financial obligation to its now-retired former employees, who not only collect pensions, but also receive healthcare benefits that are sometimes quite costly.

NEXT IN THIS ISSUE
Testimony of Healing
EFFECTS FROM EYE INJURY COMPLETELY HEALED
January 16, 2006
Contents

We'd love to hear from you!

Easily submit your testimonies, articles, and poems online.

Submit