It is applied to automakers, but it applies to any other industry. GM, Toyota, Japan, and National Health Care http://chinamatters.blogspot.com/2008/11/gm-toyota-japan-and-national-health.html
My opinion: Obviously, American workers want welfare, as any other worker around the world. As US government does not offer the level of welfare that other governments offer, either corporations or workers have to pay for that level. If workers pay for it, then they demand higher salaries, therefore, at the end of the day it is higher cost for corporations as well. If healthcare, education, retirement, food, housing, etc. would be fully or partly sponsored by the state, then American corporations could cut their expenses. If not, probably, US industry will not compete against more "socialized" countries. If we combine it with the difference in tastes among American consumers than other consumers around the world, it makes some American industries more expensive and not mismatching to what global markets want. Of course, there are other reasons too. But this one counts as shown in the link. Peace and best wishes. Xi --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "World-thread" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/world-thread?hl=en -~----------~----~----~----~------~----~------~--~---
