And that statistic that we've heard over and over again, that $1,500 of every automobile produced in the United States goes to pay health care costs. The comparable number to our domestic auto manufacturers for their competitors in Japan or all over the world is nearly zero because they don't bear the full burden of paying health care costs. They pay it a different way. They pay it through taxes to the government for a different system, but they're paying for systems that cost 11 or 10 percent of their GDP where we're paying for a system that costs 16 to 17 to 18 percent of our GDP. It's a tremendous competitive disadvantage for small businesses that are trying to pay those premiums and also for those large manufacturers.
Chris Murphy: “And that statistic that we've heard over and over again, that $1,500 of every automobile produced in the United States…”
Editor's note · Context
Discussing the impact of health care costs on the U.S. auto industry.
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