Tuesday, June 07, 2005

United Airlines, General Motors, and All of Us

The writing is on the wall and everywhere else. We have to do something about healthcare costs in this country. It has been sinking the un- and under-employed for years, and now it's rapidly sinking businesses.

United Airlines has dumped its pension liability on the public in bankruptcy. GM announced today it will close plants and lay off 25,000 due largely to the $1500 a vehicle it spends on healthcare.

We have to do something. Sandra Lilley at NBC inludes some options in a timely piece today.

It is no longer if, but when; not just when, but how, are we going to address the real number one crisis in our nation, the runaway cost of our healthcare system.


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