Political Quotes

Pete Hoekstra: “This affects the ability of GM to sell cars in Europe. This affects the ability of GM to sell cars in the United States…”

On the recordJune 12, 2003
This affects the ability of GM to sell cars in Europe. This affects the ability of GM to sell cars in the United States against cars that are made in Europe by companies who are providing benefits to their workers. And we are subsidizing their health care. We are subsidizing health care in Canada, we are subsidizing it in Mexico, we are subsidizing it in Japan and in Europe, because we are paying prices that the rest of the world is unwilling to pay which means these companies can go to other places in the world and sell the prescription drugs for prices significantly lower than ours.
Said by
Pete Hoekstra
Michigan

Editor's note · Context

Discussing the impact of health care subsidies on GM's competitiveness in the automotive market.

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