American manufacturers are losing their ability to compete in the global market place in large measure due to the crushing burden of health care costs. Health care adds $1500 to the cost of every car GM makes in the U.S. In Canada GM pays nothing. No other part of my business increases 20% per year. So whatever candidate is more likely to deliver a rational system would be the candidate i would support. historically American business has been reluctant to support national health insurance because they feared higher taxes to pay for it. But what CEO's now are coming to understand, and what many academic studies show is that this fear has been largely unfounded. I lived in japan for 7 years. the cost to administrate their system is about 4 cents to the dollar. In the US it's 25 cents. Why should we have to pay for this horrible inefficiency?
I fully agree with Craig that something has to be done about healthcare cost containment. The skyrocketing cost of heath care is a runaway train that is putting such a humongous burden on businesses that we could one-day come to the day when all we have left is cottage industries. Something must be done, but what? Hillary made this her mission during her hubby's first term and got no where. Presidential candidates need to have their feet put to the fire on this issue. In the end, there will be winners and there will be losers, but unless something is done to relieve the burden on business, all will ultimately lose.
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