Thursday, October 28, 2004
Health care costs and unemployment
This is so true and shockingly it comes from a prominent union president, Morton Bahr of the Communication Workers. Bahr argues that high health care costs are a "deterrent to job creation," and that employers are expanding operations much more slowly (and outsourcing more often) to avoid paying additional health insurance costs. His conclusion, predictably, is that union members cannot be asked to shoulder this burden, but that it must come from federal government intervention. This is a great take on the health care problems we face today and the dead weight drain it is putting on our economy.
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