This is a way to keep the cost of wages down, nothing else. I hate to say but Ross Perot was correct, the "global economy" is going to kill America.
"I hate to say but Ross Perot was correct, the "global economy" is going to kill America."
Only because of what this administration is doing; it doesn't have to happen at all!!
What's going to kill America is taxation, regulation, and social welfare. I'm not talking about helping out the Katrina victims (as a clear example) when I say social welfare. I'm talking about things like the bill before Congress that Rush mentioned the other day to buy set top devices that allow poor people to watch TV without having to buy a new digital set.
Taxation and regulation have already driven many businesses overseas or out of business. When you make the cost too high to do business in one locale, business will migrate. Business profitability is all about maximizing revenue and minimizing costs. The laws of economics are like the laws of physics - they cannot be changed or defeated. Lose money and your business dies.
That, and the hatred that the socialist media spews on a daily basis toward American business about how they only want to make a profit, how they are killing the environment and their workers, how they're corrupt, etc. I remember how everyone used to say "I don't want to end up working in some factory". Well, guess what, guys, you got your wish. Politicians and the bureaucracy chased those jobs right on down to Mexico, and to China.