Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Stoat

John Stossel did a segement on 20/20 about 8 years ago on the problems with starting a business in America. To compare to went to India where it can take over a decade or more to get all the necessary permits and apporvals from government to do virtually anything. He then went to Hong Kong and was able to open a small business in a mall in 24 hours.


38 posted on 01/16/2007 9:48:23 PM PST by LukeL (Never let the enemy pick the battle site. (Gen. George S. Patton))
[ Post Reply | Private Reply | To 1 | View Replies ]


To: LukeL
John Stossel did a segement on 20/20 about 8 years ago on the problems with starting a business in America. To compare to went to India where it can take over a decade or more to get all the necessary permits and apporvals from government to do virtually anything. He then went to Hong Kong and was able to open a small business in a mall in 24 hours.

Wow, that's just astonishing. India is legendary for their mountains of paperwork and legal forms, but TEN YEARS....that's just awful.

I wonder how long it took for the companies that wanted to start call centers there to get going?  Perhaps because they are large corporations mainly, they might have been fast-tracked through the maze.

41 posted on 01/16/2007 10:00:48 PM PST by Stoat (Rice / Coulter 2008: Smart Ladies for a Strong America)
[ Post Reply | Private Reply | To 38 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson