Word: costes
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While Ford has not asked for government aid, it has used the deep recession in the industry to seek concessions from the union. Retiree and active-employee health-care benefits cost Ford about $2.2 billion annually, according to company officials...
...changes agreed to with Ford are now subject to approval of the UAW membership at Ford. Such a vote, which could also cover other agreed to cuts, such as elimination of productivity bonuses and cost-of-living adjustments over the next two years, could be held as early as next week. In addition, proposed changes to the VEBA will require court approval, Gettelfinger said...
Marasco believes that if additional testing goes well, a version of the antibody therapy could be in trials as early as 2011. And with the cost of antibody therapies - currently used in cancer care and in many pharmaceutical products - going down, an actual flu treatment wouldn't be far behind. It can't come too soon...
...economy into a depression. He is attempting to slash the deficit, not eliminate it, and there are certainly wasteful government expenditures worth cutting. However, it is important that Obama’s message to the American people is an unwavering pledge to end the economic plunge at all costs. Instead, this announcement sends mixed signals. Obama recently signed a $787 billion stimulus package, the American Reinvestment and Recovery Act, into law. Tim Geithner just set out the skeleton for a plan to rescue the banking system that could cost up to $2.5 trillion. Obama is also holding fast...
...realize that consumers will migrate to a place where they can buy what they want. And whatever their reasons are for not wanting to sell on Sunday, these states realize they're paying a price for it in foregone tax revenues. So once the economy goes bad, then the cost of their policies are apparent to them...