To: FITZ
Good points. We need to ask ourselves why U.S. companies would want to move operations offshore. I can think of five reasons right off the bat:
- Excessive government regulation
- An out of control legal system (i.e. petty lawsuits)
- High insurance costs
- Excessive corporate taxes
- Unions
We need to get the nanny government out of our hair and out of our businesses. That will take care of issue number one. We need to pass some serious tort reform that will reduce the amount of frivolous lawsuits, such as lawsuits against McDonalds because their hamburgers are high in fat. This will alleviate issue #2 and also address issue #3. We need to reduce taxes, that will take care of issue #4. Issue #5 is a tougher nut to crack, but it is evident that unions have long outlived their usefulness and those who belong to the labor unions (most of which are mobbed-up) have simply exchanged one oppressor for another.
22 posted on
03/03/2003 7:55:23 AM PST by
SamAdams76
(California wine tastes better - boycott French wine!)
To: SamAdams76
Also we need to drastically cut welfare spending and do something about taxes that make American labor so expensive that it can't compete. One reason Mexicans can get buy earning $4.50 a day and Chinese even less is they don't have to pay into an expensive Social Security tax or FICA etc and they have a much cheaper cost of living. Insurance is sky high because of lawyers and because doctors and hospitals have to make up for the for the free care given out to the uninsured.
37 posted on
03/03/2003 8:22:34 PM PST by
FITZ
To: SamAdams76
And there lies the problem, I would also add the junk products of public education. Eliminate any 3 of these, and we could "turn the corner".
38 posted on
03/04/2003 7:32:29 AM PST by
Dead Dog
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