General Motors spends more on health care than steel.

Summary

This quote highlights the disproportionate amount of money spent by General Motors on healthcare compared to an industry standard like steel production. It signifies the significance and burden of healthcare costs on the automobile manufacturer, indicating that the expenses associated with employee health outweigh those associated with the production of essential materials like steel. This sheds light on the complex nature of healthcare expenses for large corporations and emphasizes how it can impact various sectors of the economy differently.

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