Has anyone ever discussed the detrimental effects failed UHC had on our economy?

Failure to pass this then failed the People and Economy! The spineless attempts to defend this program back then have virtually cemented our good paying domestic manufacturing jobs as a thing of the past.

1. If it were passed in 1994 lets say...

2. Approximately 5 -7 years to work out kinks before Foreign manufacturers started building on our soil on a large scale.

3. Major Domestic Corporations were entering phases of massive retiree benefits.

4. When New Foreign Corps built here they would have helped subsidize existing Domestic Corporation health care.

5. Our Manufacturing Sector would have been better positioned spreading the burden of a retiring workforce. Foreign Domestic does not carry the same cost burden.

6. Would the Energy Sector of heeded the warnings of UHC?


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Congress failed the American People and our Economy then. There had to be someone to blame for failed NAFTA. As I recall, Hillary was to blame for losing control in 1994. Her crazy hair-do's made her just the person. Sort of like a guy with the name of Scooter. Rightful blame is never passed appropriately.

Now our manufacturing industry is struggling to stay afloat when Honda/Toyota/Nissan/etc. etc don't carry the same cost burdens.

Each year our Domestic Suppliers to the Big Three are mandated to reduce cost by certain percentages. If they can't meet those demands the Big Three and other Major Assembly plants look else where and most often end up sourcing through Mexico or Asia. All domestic manufacturers are at a clear disadvantage.

The manufacturing industry was already at a sever disadvantage, but then came the true tipping point. HIGH ENERGY costs during this W. Administration.

The GOP's remedy to this is to have these Corporations file Bankruptcy. Big Companies dump debt domestically, while their foreign entity stays in tact.

Who do these Bankruptcies hurt?
1. The first people to see real pain is the bankrupt company’s employees with stock options. They see their stock drop to nothing.

2. Their Domestic Suppliers that have already been providing services at discount prices to compete with China and Mexico. Payment is typically extended for months with promise to pay, but then a notice of chapter 13 comes with no warning. No payment.

3. Everything prior to bankruptcy is uncollectible until the judge sets the percentage of claim to be paid. In excess of years can be taken. Everything after the Bankruptcy filing plus standard terms normally 65 -90 days is guaranteed but still have to wait for that period to receive first payment.

4. Bankrupt company’s employee's wages and benefits are re-negotiated typically at a loss to the employee.

5. Suppliers are forced to shut down, or sell their claim for percentages as low as 40% to “Capital Liquidity” Investment Companies to meet cash flow demands.

6. Bankrupt companies are often sold, and resold again dismantling it as they go. Often keeping contracts and prints but manufacturing in Mexico, Asia.

7. Upon exiting Bankruptcy, all old stock is devalued to virtually nothing leaving astronomical losses to planned retirement.

8. Wages are less and benefits lacking.

9. Much of this is again repeated over and over depending on how domestic the supplier base is and the complexity of the supplier’s product.

Has anyone ever noticed that we have lost so much in the Manufacturing sector because it is cheaper to produce elsewhere? Yet, why do prices continue to increase? Listening to anyone of notice that criticizes Hillary for NAFTA doesn’t understand the whole picture. It is much easier to blame someone than actually investigate the problem. This is exactly the reason why Scooter was set out to dry instead of those that were really responsible.

It appears that everyone, I mean EVERYONE has their price. Just expanding on my point that it is so much more than race, it is about Class! The American People have been sold out. Failure to look beyond color or gender during this election will increase the separation between classes and will effectively keep everyone in their place under the thumb of their leaders.