Who will be the US "Big 3" in 2016?

. . . remainder of the posting snipped fro brevity

Gordon,

The reasons that health care costs more in the USA boils down to 3
points:

1) The citizens of the US subsidize the health care of the rest of the
world. How? Easy - the R&D costs in drugs, medical appliances and
other medical devices invented and perfected here that are used
throughout the rest of the world. You need look no further than Canada
to see the results - the Canadian gov. demands that the drug companies
sell their drugs at the price the Canadian gov. demands they be sold
at, regardless of the real costs, or Canadian law allows the Canadian
gov. to expropraite the patent (which in the US would be a crime
called extortion). So the drug companies transfer their costs back to
the citizens of the USA.

2) The cost of our INSANE tort legal system. I don't think I need to
elaborate on this - folks far more learened that I am on the law have
already sliced that salami.

3) The stubborness of a lot of folks in the US (and at times I have to
include myself in this group) that do not pay enough attention to
preventative care. It nearly always costs more to fix something wrong
with a human if it is let go than if it is nipped while small.

I see the same thing every day with cars too. One of the oil filter
companies had a whole ad campaign built around that - the tag line of
the ad series was "pay me now or pay me BIG later".

Regards,
Bill Bowen
Sacramento, CA

 

English is about my 10th language

It would be good of you to point out my mistakes - I am always willing
to learn

I did not have an english teacher

I learn most my languages without the aid of teachers

The spellcheckers have been very helpful and living in the countries
too as well as frequent visits

Not to mention helpful hints from friendly people in newsgroups

 

Well....

What is wrong with my economics?

Economics I have had many teachers in and if you want to be added to
that list I would sure like to know what is wrong with it

Unlike many others I am very willing to learn and not the least from
friendly, knowing people

 

I hope IF it comes down to national health care that someone explains
how it will work, how it will be funded and how much we'll have to pay
BEFORE it is voted on. To this day I do not have a clue as to how this
monster would work. Do even any of the lawmakers have a clue. It gets
batted around and everybody rah-rah's it without knowing the intimate
details. Scary.
--

 

Well, not so much your economics as the underlying assumptions...the
social Economics are usually taught as a re-skin of Marxist theology
under the same sort of thinking as Keynes used.

Which is that you might assume one variable does not affect the other.
Example being: that you can adjust inflation rate by raising taxes, which
supposedly reduces demand thus price for discretionary spending.

Which is, short term true but long term false as the earner will then
adjust price/wage for inflation so as to maintain the profit or standard
of living.

All the above is not learned through classroom lecture but best from
watching and remembering the effects after.

 

Duh to borrow a phrase from Ronald Reagan: "There you go again," saying
things with seeming authority yet getting the facts wrong. Denso GLOBAL is
the Japanese sales company that owns Denso. Japanese assemblers in the US
buy from Denso GLOBAL because of Japanese tax laws that earn credit for
Japanese corporations that buy form other Japanese corporations. Japan
offers tax credits for exports and on capital returned to Japan .


mike hunt

 

Costs less? You have to be kidding, right?

mike hunt

 

And yet the Europeans have a real hard time with patrolling its back
yard and who has to the rescue?

You're allowed only one guess...

JT

 

That is easy. Because of CAFE, date certain deadlines, the domestics had to
spend billions to change their manufacturing facilities over from RWD, to
build the more costly. less safe FWD vehicles to make vehicles smaller and
lighter, yet still have sufficient room for five people that American
wanted.

At the some time, because of date certain deadlines, we had to do required
emission and crash improvements, sucking up mope millions of dollars of
capital. The imports needed only improve the small vehicles they already
produced, in low cost countries, to meet emission and crash improvements.
By setting date certain deadlines, rather than goals to be met as new
technology could be developed, the government set back innovation in the
America automobile industry by ten years. It would have been far better to
set goals rather than timetables, as the government now does, and allowed
those billions to spent on R&D rather than production facilities. The far
better vehicles of today in terms of crash safety, fuel efficiency,
nearly zero emissions, as well as the improved reliability and longevity
could have been available ten or even fifteen years sooner.

mike hunt

 

If it were to be run like anything else the guv'ment does... We be screwed!

JT

 

GM is a poor candidate for takeover due to it's outrageous union/pension
commitments. I see the company being broken up and assets sold within
the next five years.

JT

 

Just as with everything else you buy, YOU will pay the price. The
difference is now you can pick and chose what and were you buy, what you
buy. If the government takes over they will tell you what to pay and take
if from you in taxes. They will tell you to whom you must go, and when, to
receive your 'Free' care. Has the government EVER run anything efficiently
that you know of? Look at Medicare. When presented it was estimated to
cost a certain amount annually in ten years. Those that were opposed to the
government getting into healthcare said it will cost twice that much, they
were wrong. It cost five times as much. Before Medicare it cost around two
hours pay to go to a doctor, now it cost six hours pay. A hospital bed a
days wages, now you can not get a bed for a weeks wages. Look at drugs for
seniors. Even with a competitive system to keep cost down, cost of drugs to
the individual are still going up. Imagine what will happen if everyone,
including the rich and super rich can get free drugs and healthcare?


mike hunt

 

Once again you are full of excuses for ineffective management.

You failed to mention the complete focus of the US companies on raking
in profits from the truck and SUV boom while paying the management and
workers handsomely and failing to invest effectively in the future.

You have a pattern Mike. When GM makes bad intake manifold gaskets for
two decades you blame goverment regulations (asbestos). When the auto
makers get killed by foreign competition you blame the government. I
suppose that if you break your own leg in your front yard you will come
up with a reason why emissions legistlation kept you from filling in the
hole left by a ground squirrel!

You should see the movie "Thank You for Smoking". The protagonist
reminds me of you .


John

 

You know, all this time I thought the "Big 3" were LEXUS, TOYOTA AND
SCION....

 

Any backup for your assertions there Mikey? I'm suspect that we will
once again hear about how you don't do research for other people.

There is no such company as "Denso Global" and I would love to see
independent information backing your tax law claims.

Go ahead, just this once prove me wrong.

John

 

That is just about how much those 2 models are worth.

 

You been listening to Michael Savage again!!!!

I don't very often, but last night he was ranting about Foreigners killing
the US car industry, and then about applying ridiculous tarrifs to imported
cars.

Then, he says the Big 3 don't listen to the Union leaders,

THEN he says the car companies need to back the Unions down!!!

Well, which is it?!?!?!?

 

Instead of creating a nationwide healthcare system, we oughta shore up
the free market healthcare system in several ways. First, we need more
MD's and nurses, and this can be done by creating more medical colleges
and expanding nursing education programs. Quality of care would go up,
and costs would go way down. Supply and demand. There are few spots
open in medical schools. The difference in credentials between those
getting in and those not getting in are negligable at best. There are
many qualified people who can't get into medical school, because there
are so few spots open. Also nursing. A family friend is a nursing
professor at a university near here. There are way more applicants to
the nursing program than spots open in the program -- about 5 to 1.
There aren't many spots open (even though there's a huge demand for
nurses to the point that some make $50/hour), because there aren't
enough nursing instructors (they'd rather make $50/hour as nurses in the
hospital rather than $20/hour as nursing instructors at a college). We
need to increase funding for nursing instructors so as to train more
nurses. Also, we need to cap these huge medical malpractice jury
awards. Many times, the awards are lopsided. A few victims get the
lion's share of the malpractice dollars available, while others get
nothing due to the malpractice insurance co. going bankrupt. Capping
awards would lower the huge rates that doctors have to pay. All of
these measures WOULD lower medical cost and increase the level of time a
physician could spend with their patients, and overall improve the
healthcare industry.

 

Really? The Canadian government can command a US company to sell its
products in Canada and then set the price? And all the other
countries can do this also? How does that work?

Don't be naive. Big Pharma makes a good profit selling to those other
countries. They are making a killing in the US. Don't believe the
big sob stories about their research and FDA approval costs and the
great new drugs they give us. While there are constant improvements
in drugs, most new drugs launched on the market are little or no
better than the old ones and a new drug always carries an uncertain
risk. And a lot of the research is marketing driven.

 

Ya right LOL


mike hunt