In securing concessions from the auto unions regarding GM and Chrysler, the Obama administration has softened the blow by assuring autoworkers that an effective national health insurance program will lessen some of the pressures on health-care costs.
However, New School economist Richard Wolff says the medical and insurance industries are resisting any quality health-care program from the government, so President Obama’s promises may prove empty.
(The story summary continues below.)
Wolff says the medical and insurance industries have successfully resisted the notion of a quality government-run health insurance program for decades and they continue to fight such an option.
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