I'm not wrong about your 50% claim. Even if you add Healthcare costs and retirement costs to my 12% we're still a long way from your 50%.
I'll grant you that your comment didn't put all the extra costs on compliance. But if you weren't trying to blame government for those costs, then what was your point?
The context of the thread was that I said, ""No it's the imports. You can eliminate every government regulation and every government tax, and you still can't compete with Chinese labor that is at 1% the cost of our own."
And you came back with The major LABOR related costs in the USA are not Salary. They are compliance costs, healthcare costs, safety regs costs and retirement costs. All of those are heavily encumbered with government rules and regs and so on. You literally have to hire people to satisfy all the paperwork and compliance BS. Not to mention someone to deal with the insurance and retirement stuff.". If your point wasn't to blame compliance. What was your point? I'll admit I misunderstood your comment. I understand it now, but I don't understand why you said it. What was your point?
hahahah so we went from 2.7% to over 12% and now your last "Okay, fine. But..." takes us to 23%
And you are still leaving out lots of stuff. We still haven't touched on Unemployment costs especially bogus claims that jackup the rate you must pay. (People quit then claim unemployment which is not covered BUT if you don't fight it the Government will automatically grant it) The lost time in fighting those claims or just giving up and let the claims stand. Both cost the company money.
Then there is fighting the bogus workman's comp claims that can literally cost a large firm mega bucks. you either fight them with high priced lawyers and court cost outlays or pay bigger workman's comp rates.
incoming: "Okay, fine. But..." in 3... 2... 1...
hahahah