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To: Malsua
Call it the "USA Tax

... there are of course other USA taxes...

Union wages that are inflated
Benefits for everything from daycare to non-married spousal benefits
The ubiquitous LAWYER TAX that affects all businesses
Minimum wage laws that drive up everyone's wages

It's all well and good to gripe about jobs moving overseas, but there are financial reasons for it happening. Those reasons must change and likely won't. This change includes the gov't subsidizing these moves.

There are whole industries that will either move overseas to be competitive, or will go under by refusing to support American jobs. In either case, the jobs will be gone. If you currently find employment in one of those industries, change now while you can.

ampu

30 posted on 07/04/2003 6:56:23 AM PDT by aMorePerfectUnion
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To: aMorePerfectUnion
Regarding your post about the economic reasons for jobs aka capital investment flowing overseas. Unless the USA produces goods and services to back our currency given the current flow of capital we can expect very few Americans to be able to afford any of teh imported goods now coming into the USA and a much lower standard of living. Should that occur the political stability which has been one of the American economy's primary advantages will evaporate.

Violence results from major economic dislocations.

37 posted on 07/04/2003 7:59:35 AM PDT by harpseal (Stay well - Stay safe - Stay armed - Yorktown)
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To: aMorePerfectUnion
It's partially wages and benefits--but it's the Gummint regs and tax burden(s) which REALLY add cost.

However, given that (fully-loaded) labor cost typically accounts for only about 30% of product cost, even a reduction of 25% in fully-loaded-labor cost will only reduce end-product cost by 7.5%.

Not really that much, eh?
58 posted on 07/04/2003 10:14:29 AM PDT by ninenot (Joe McCarthy was RIGHT, but Drank Too Much)
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