au1929 wrote:Why the American auto industry can't compete.
America's horribly mismanaged and inefficient health care system. Analysts estimate health care costs add from $1,000 to $1,500 to the price of every automobile produced in the United States. Manufacturers in no other advanced economy face these costs, since health care is funded by their national governments. America's dysfunctional health care system even dissuades investment here. Honda recently decided to build a new North American plant. It chose to build it in Canada. One of its stated reasons: our neighbor to the north's universal health care system.
Hmmm. But other industries in America have to deal with the same healthcare system as the automibile industry, do they not? Other industries in Canada have universal healthcare too, but Americans are competing just fine against them. How come? Moreover, the American healthcare system is just as broken for Hyundai and Mercedes in Alabama as it is for Ford and GM in Detroit. How come German and Japanese companies are doing just fine in America, and only the foreigners do well? Your explanation seems to raise more questions than it answers.