Part of the issue is our productivity - quite simply, America has the most productive work force in the world. Per capita, we work harder, longer and more productively than any other population on the globe.
Our efficiency costs us jobs.
The downside is, we're also the most expensive, we have the highest wages and we have very nearly the highest cost of benefits, especially for retirement and health care.
To compete in a global market, our industries have to hold the line for the cost of goods sold as tightly as they can.
Meanwhile, our Congress keeps increasing the regulatory burdens on small and large businesses across the spectrum.
It is costly to do business in America because of OSHA, EPA and other extraordinary requirements. Mexico doesn't require an employer to report compliance with equal opportunity mandates.
Stanley Tool, like many other large American Corporations was ready to move offshore because of the high cost of taxes and IRS compliance rules for accounting.
We are a capitalist economy built on a free enterprise system. The job of a business is to be profitable at the bottom line and return earnings to its investors.
They do that by holding the line on costs and by playing effectively in a competitive market environment.
The primary purpose of a business is not to provide jobs. Like buying raw material, a company hires the people it needs to get the job done and the lowest possible price.
Yes, it is to their benefit to use all the Organizational Behavior techniques they can to enhance the efficiency of their workforce.
If we want to keep jobs in America, the labor force has to be competitive - we've got to make it more attractive for businesses to operate in America and hire Americans than it is to go overseas.
The government needs to quit tyeing the hands of businesses behind their backs.
It is not the government's duty to provide jobs - it is the government's duty to get out of the way of those who do.
You seem to intimate that business has every right to start up when, where and how they want to in the US but at the same time, Americans have no right to work for that business...Hogwash...
You talk about being competetive with business in China...Put it all on the labor side...Let American business set the example by paying it's plant and other managers the same wages they would earn in China...Then talk about labor...Oh, that's right...This is all about the wealthy people getting even wealthier by any means they can, even if they have to screw the out of work Americans in the process...
Fortunately for us, you are in the minority...This jobless recovery is a BIG, BIG issues to most Americans...
It is not the government's duty to provide jobs - it is the government's duty to get out of the way of those who do.
Government regulations on small businesses are outrageous! I owned two Credit Bureaus and a Collection Agency and the "rules and regulations" almost made it impossible to do business. It never ceased to amaze me how a bunch of Washington Bureaucrats thought they knew what was best for our industry when they knew absolutely nothing about it. Every single time Congress was in session there would be more regulations coming our way. A large corporation made me an offer I couldn't refuse and I sold out. I've never regretted it one day since!