Re: Lack of National Health Care Helped Kill Delphi, is GM next?
- From: "Peter Vos" <pvos58@xxxxxxxxx>
- Date: 11 Oct 2005 15:19:48 -0700
js wrote:
> Jerry - it really doesn't matter how you want to move the shells around
> in this shell game. Part of labor costs is health care. Toyota, like
> GM has these costs. The difference may well be magnitude but health
> care is a cost of labor in most industrialized countries whether it
> helps your argument or not. It matters not if the employee contributes
> $1 or $1000 to the cost and it matters not if the firm contributes $1
> or $1000 of the cost - it's still a labor cost.
>
> js
But it does matter how you manage risk. If the automotive industry is
saddled paying health plans for retirees while Wal-Mart palms those
healthcare costs onto the states by keeping wages so low workers
qualify for Medicaid, then the costs are going to be different for the
industries affected and the regions affected.
.
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