|
Costs of health care drag America down David Lazarus Wednesday, June 8, 2005 General Motors` chief exec spelled out Tuesday why U.S. manufacturers are getting their economic butts kicked. And a big reason has nothing to do with the productivity of our workers or the quality of our products. It`s because our health care system is killing us. Addressing GM shareholders, Rick Wagoner said runaway health care costs are partly to blame for the world`s largest automaker cutting at least 25,000 U.S. jobs as it closes more assembly and component plants. GM is the nation`s largest private purchaser of health care. The company expects to spend $5.6 billion this year on health benefits for workers and retirees -- more than it spends on steel for its vehicles. http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2005/06/08/… |
|
| aus der Diskussion: | Die Aktie, die noch keiner haben will |
| Autor (Datum des Eintrages): | peter.wedemeier1 (09.06.05 08:33:55) |
| Beitrag: | 118 von 237 (ID:16843302) |
| Alle Angaben ohne Gewähr © wallstreetONLINE | |