Thursday, March 10, 2016
How Healthcare Explains The Trump/Sanders Michigan Win
The story behind the Sanders/Trump phenomena continues to hide in plain sight. It's convenient to pin job losses on cheap foreign labor, but the biggest driver of the increased total compensation for employers such as GM and Ford has been out-of-control healthcare costs. Employers like certainty, and the fact that healthcare costs have been unpredictable adds to the desire to shift to where total compensation costs are more predictable.