My grandmother retired from Delphi a few years before they did the whole buyout thing and just like you I would love to see them fail also but I'm concerned for my grandmother and how these concessions will affect her. The crazy thing is even though GM got the money there are still thousands of ppl who will be laid off for months, even a year. The fact still remains that ppl can't afford to buy cars right now and the ones that can are having trouble getting credit approval. Which means cars aren't selling and the demand isn't there so more layoffs more plant closings.I guess it just depends where you are. I make close to 14 an hour, so close to 25 plus a year and I get by just fine in Ohio, but 14 wouldn't do shit over by you.
My mom was making 28 an hour at Delphi before she took the buy out and retired.......actually she took the retirement plan where she gets 1200 a month plus her benefits. Not sure how this will turn out for her if there is no bail out. I want to see them fail, but I don't, because I am afraid she may lose her 1200 a month, which she relies a lot on.
