it used to be said that what is good for GM is good for the country. Well, things are not so great for GM. What does that say about America? Their cars are not selling because they face skyrocketing health care costs that put them at a competitive disadvantage with Toyota and other companies. For every car GM produces, they actually spend more on health care than on steel. Yet it is not the United States Congress, the White House, seeking to help GM out of this problem. GM's knight in shining armor is Toyota. On Monday, Toyota's chairman said the Japanese auto maker was considering raising its prices in order to give American car makers some breathing room. Here is what former Governor John Engler from Michigan said of the GM crisis: We cannot, with the deficits we face today, step in and help this company get back on its feet. We are too deep in debt to save hundreds of thousands of jobs and help an American company compete and win. Today, we are facing a fiscal crisis that is stripping America of its ability to compete and win. The health care crisis facing General Motors is the same health care crisis facing the Federal Government and every American family, and yet we are in debt of nearly $8 trillion and unable to compete and win in today's economy. ____________________
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