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Metropolitan Revolution: After Climate Change Success, Cities Take On Healthcare 'Emissions'

Posted by Steve Schram on April 22, 2016 at 10:25 AM

Originally published on April 21, 2016 on Forbes by David Chase.

Economic Development 2.0: Playing the Healthcare Card explained how old economic development tools are easily swamped by whether a community is a high or low value healthcare community. In other words, all of the tax breaks in the book won’t make up for a high healthcare costs that negatively impact employers.

A strong case was made by Jim Clifton, the Chairman of Gallup, that we’re in World War III in his book The Coming Jobs War. Just as the previous wars impacted which countries would lead the world in prosperity, the “war” we are in will dictate which communities get the lion’s share of the jobs (and thus prosperity).

The article points out how large employers such as IBM are making the logical decision to locate new jobs in high value health communities since health benefits are the second largest cost after wages. Conversely, automakers have moved jobs outside the U.S. due to healthcare costs. Not only do employers abhor high costs, they especially despise unpredictable costs.

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