General Motors spends more on health care than steel.
Sentiment: NEGATIVE
For years I thought what was good for our country was good for General Motors and vice versa. The difference did not exist. Our company is too big. It goes with the welfare of the country.
People use so much more health care when they live longer.
We all know the mortality of companies is less than human beings.
The answer for healthcare is market incentives, not healthcare by a Godzilla-sized government bureaucracy.
Companies understand that if their employees are sick, it's really expensive. So despite the rhetoric I hear, thank God employers are still in the health-care system.
Our goal is to make General Motors the most valuable automotive company. Clearly, that is having sustainable profitability and driving great returns for our shareholders.
Health care costs are an issue both for the government and for our larger economy.
We're concerned with a powerful government who is telling General Motors now, maybe, what they can charge for their automobiles. Indeed, if the government owns 61 percent, they can do that.
The fastest-growing part of the Pentagon's budget are health care expenses.
We take better care of the maintenance of our cars than we take care of the maintenance of our bodies.