Showing posts with label Chrysler. Show all posts
Showing posts with label Chrysler. Show all posts

Tuesday, November 18, 2008

Strategy for Helping U.S. Automakers and Reforming Health Care

If the U.S. auto industry wants a bailout, let us respond by offering to foot their health care bills. The U.S. auto industry is at a comparative disadvantage to foreign auto companies because they pay for part of employee (including retired employee) health insurance. This dollar figure has grown far faster than inflation for over a decade. If the U.S. government offered to include all auto industry employees in its government employee health care pool (this is Obama's plan for national health care), it would not only take a huge weight off of Detroit's shoulders, but also benefit the US by serving as a proof-of-concept for national health care. The success of the plan will take a lot of wind out of the sails of the anti-national healthcare lobbying groups (who derailed Hillary's proposal in 1993).

It's a win-win idea!