[servantboy777]

>>This blame falls squarely on politicians who have squandered tax receipts in order to get re-elected year after year.<<

Multi-national corporations have moved the majority of our manufacturing to China for a couple of reasons.

First, it's cheaper. Low cost labor, little environmental and worker safety regulation. No 401k’s, No health insurance, no pensions and a fraction of the compensation.

Second, the potential for a HUGE consumer class in China and India. Raise the standard of living for the average Chinese worker...guess what? You now have a consumer.

With a population 4 times that of the United States, both China and India are the place to be.

Thanx allot U.S. Congress, thanx allot.

[Towed_Jumper]

“Multi-national corporations have moved the majority of our manufacturing to China for a couple of reasons.”

Scary to think that Ross Perot said that “free trade agreements” would result in “...a giant sucking sound...” (of American jobs leaving for cheaper foreign labor).

Did you know that at IBM the employees now say that “IBM” stands for “India-Brazil-Mainland China” because so many American jobs have been “offshored”?

[rbosque]

Plus, many of our state governments have high corporate taxes, I’d go somewhere else too where my total revenue is larger.