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To: Doe Eyes
I agree wage/bene levels are a big part of the problem. Minimum wage laws have added to this problem. Certainly there are wages/benes that are far out of proportion to their productivity. A garbage collector that earns $100,000 plus benes is one, but so is a banker who gets millions even though the bank loses billions.

But there are other potential inducements to attracting business & industry.

The USA is a fairly honest & stable place to do business. The lights stay on 24/7, usually. Water & waste disposal are reliable. Transportation & communication is unrivaled in the world.

No we can't compete with Asian nations making underwear & stuffed dolls. Who cares? But we COULD compete in hi-tech items, IF the gov’t would get the hell out of the way, stop subsidizing some businesses at the expense of others, & stop pretending they know what is best for American business.

188 posted on 02/13/2011 6:44:11 PM PST by Mister Da (The mark of a wise man is not what he knows, but what he knows he doesn't know!)
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To: Mister Da
But we COULD compete in hi-tech items, IF the gov’t would get the hell out of the way, stop subsidizing some businesses at the expense of others, & stop pretending they know what is best for American business.

Shouldn't be a problem now that the Republicans control the House.

Still I don't understand why you chose to ignore the union labor rates the crush our exports, and instead focus on the minimum wage, which is applied to employees at Walmart, McDonalds, ...

199 posted on 02/13/2011 6:55:34 PM PST by Doe Eyes
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