Absolutely. The time is now. You mentioned in coming from Michigan, General Motors has been a fabulous employer. Not only in the State of Michigan but for suppliers all over the world. The interesting thing is General Motors, I met with a General Motors lobbyist last week. Do you know how much they are going to spend this year on prescription drugs, the company? This is just for their employees and their retirees. $1.3 billion. GM will spend $1.3 billion. What is worse, that number is going up 16, 17, 18 percent per year. That is a cost before they sell the first automobile, before they sell any cars. Those are costs they have to pay for.
Gilbert Gutknecht: “Absolutely. The time is now. You mentioned in coming from Michigan, General Motors has been a fabulous employer. Not…”
Editor's note · Context
Discussing the rising costs of prescription drugs for General Motors during a speech.
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