Sunday, December 14, 2008

Auto Industry Bailout and Socialized Medicine

Two problems:
1) the hourly wages, pensions and health care benefits awarded to the unions are a major factor in the US auto industry's inability to compete.
2) the Government now wants "universal" health care (socialized medicine).

I propose the US Government take over the health care plans of all American auto workers (including Honda, Nissan, etc). This allows the Gov to experiment with a plan on the very type of subjects that are most for a socialized world. If it works, great, if not, we learn a valuable lesson. In the mean time, we relieve the car industry of a huge burden. And if Honda wants to build more plants in America to get free health care for American workers, good for us and US.

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