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Old 11-05-2010, 09:27 AM
 
6,902 posts, read 7,537,277 times
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Quote:
Originally Posted by HappyTexan View Post
You people aren't looking for solutions..you're looking for some group either political or business to bail you all out.

No actually looking for the employees we've unfortunately hired to go back and reconcil the mess created by past employees.
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Old 11-05-2010, 11:14 AM
 
Location: Indianapolis, IN
914 posts, read 4,444,930 times
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Quote:
Originally Posted by HappyTexan View Post
Or labor cost...$100K for a US programmer vs $35K for an Indian programmer vs $50K for a Chinese programmer. All with the same education and skill set. I don't know the salary of a programmer in Brazil; they have college educated IT folks as well.
I think this is important. The reality is big corporations haven't moved their operations out of the US simply because of taxes. The fact that they can get cheaper labor in countries with a lower standard of living saves them more money than tax breaks ever will. While I agree that our educational system is suffering, it has nothing to do with why there aren't jobs.
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Old 11-05-2010, 11:17 AM
 
Location: Londonderry, NH
41,479 posts, read 59,778,277 times
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Republican tax cuts for the wealthy will bring back jobs just about when hell freezes over.
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Old 11-05-2010, 11:20 AM
 
Location: Great State of Texas
86,052 posts, read 84,472,986 times
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Quote:
Originally Posted by GregW View Post
Republican tax cuts for the wealthy will bring back jobs just about when hell freezes over.
You could cut taxes all the way to 0 and you won't get the jobs back.

US labor costs are too high..get it ?
US labor has priced themselves out of the global workplace.
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Old 11-05-2010, 11:48 AM
 
56,988 posts, read 35,193,725 times
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Quote:
Originally Posted by HappyTexan View Post
You could cut taxes all the way to 0 and you won't get the jobs back.

US labor costs are too high..get it ?
US labor has priced themselves out of the global workplace.
Last line is complete nonsense. There are plenty of nations with labor costs that make ours look like a pittance that still do heavy manufacturing and aren't closing down their shops to move to other nations en masse.

If you enjoy seeing American industry leaving the country, just say so. But don't make silly excuses about labor costs.
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Old 11-05-2010, 12:00 PM
 
30,063 posts, read 18,663,011 times
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Quote:
Originally Posted by blackandproud View Post
Since Bush tax cuts didn't spear head the return of jobs back to the U.S, how do the newly installed House Majority plan to get the jobs back with their new version of tax cuts?

As soon as the policies of the Clinton administration are reversed-

1. NAFTA
2. China most favored nation trade status
3. reduction in the powers of the EPA
4. limiting class action suits


Oddly, liberals JUST LOVE Clinton, depsite the fact that he put millions of middle class Americans out of work by destroying our manufacturing industry by the above. It is hilarious that the dems idolize Clinton- the very man that is a major source of thier misery.
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Old 11-05-2010, 12:02 PM
 
Location: Great State of Texas
86,052 posts, read 84,472,986 times
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Quote:
Originally Posted by desertdetroiter View Post
Last line is complete nonsense. There are plenty of nations with labor costs that make ours look like a pittance that still do heavy manufacturing and aren't closing down their shops to move to other nations en masse.

If you enjoy seeing American industry leaving the country, just say so. But don't make silly excuses about labor costs.
Facts are right there..believe it or not.
Factories shut down here and new ones built in Mexico.
High tech R&D labs built in Bangalore and filled with Indian PhD's.

We aren't moving "en masse". We've been doing it for 40 years but many are just waking up now that easy credit isn't available for people to live above their means with the illusion of wealth.
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Old 11-05-2010, 02:46 PM
 
3,566 posts, read 3,732,913 times
Reputation: 1364
Quote:
Originally Posted by MTSilvertip View Post
Normally I wouldn't post on this particular part of the forums because it is so inudated with emotional hyperbole, but this question (while formated in a manner to incite anger) actually has some merit for serious logical dialoge.

One of the principal reasons the major companies have been hording their cash reserves, (an estemated 4.5 trillion dollars by some reports in the main stream media) is as insurance against attacks by the government through regulation.
If the new congress codifies the tax cuts for the country and establishes a solid code the businessmen can see as a stable cost over a period of time, then they will start using their cash reserves to increase their business which equals more jobs and a better economy.

The government does have the ability to bring business and jobs back from overseas, not by demanding and penalizing, but by providing a better business climate. Legislate ways to protect companies from frivolous lawsuits, limit the taxes, open the door to everyone to work such as right to work, and the business climate becomes more inviting to work here.
We rank in the top 5 countries in the world for highest business taxes. Cutting taxes and providing a stable regulatory climate would go a long way toward bringing companies home.

Cheap labor is an incentive to go overseas, but shipping costs a lot of money as does maintaining infrastructure in both the overseas site and the home offices. What the primary draw of overseas plants are is the fact that most do not overregulate and create a hostile atmosphere for business to build and expand.
If you make the cost of doing business in the US less than the costs associated with making and shipping your costs here, the companies will come back, simple bottom line.

If you want the companies to come home, you must make it a better place to be than where they are, it is that simple.

Constant attacks by the left and demands to tax corporations out of existance do not create a climate that makes business want to be here.

We also need to reform the education system to produce people who can actually read and write and do basic mathematics.
We throw billions at the education system, but our students performance keeps dropping.
Companies need a workforce that can read instructions, add up their time cards, and write down production and order parts. If we have an illiterate workforce, why pay high wage when you get the same thing overseas for pennies?

Just my 2 cents.
Great post! I'm glad to see that someone gets the relationship between taxes, regulation and the business climate. I would add only one thing. We live in a global economy. The people who whine about outsourcing and bringing jobs back to the U.S. and urge protectionist policies have it exactly backwards. There is one thing, at least, that Congress could do to invite businesses to come to the U.S. and that is to cut the corporate income tax. Our rate stands as the second highest in the industrialized world. That places us at a competitive disadvantage throughout the world. If you're looking to expand a business or start one up the 35% corporate income tax in the U.S. will be a real deterrent to locating your business here. I know the Left has a visceral hatred of corporations but by opposing reducing the corporate tax rate they are simply cutting off their noses to spite their face.
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Old 11-05-2010, 02:53 PM
 
Location: Blankity-blank!
11,446 posts, read 16,184,746 times
Reputation: 6958
Quote:
Originally Posted by HappyTexan View Post
Facts are right there..believe it or not.
Factories shut down here and new ones built in Mexico.
High tech R&D labs built in Bangalore and filled with Indian PhD's.

We aren't moving "en masse". We've been doing it for 40 years but many are just waking up now that easy credit isn't available for people to live above their means with the illusion of wealth.
The obvious solution is to lower the wages and benefits of American workers to compete with their counterparts in India and Mexico. I'm sure American industrialists would like this idea.
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Old 11-05-2010, 02:57 PM
 
Location: Flippin AR
5,513 posts, read 5,240,443 times
Reputation: 6243
Quote:
Originally Posted by desertdetroiter View Post
And i still can't understand how a nation of 300 million finds itself needing foreign workers to fill positions in high tech fields. Why aren't enough Americans being trained in those fields?

Could be our education system...perhaps.
We DON'T need foreign workers. But government (both parties) is owned by Big Business, and Big Business isn't satisfied with 100 Americans fighting for each job. They want 100 Americans AND 100 immigrants fighting for each job. That way they can give the job to the immigrant and never have to worry about decent wages, benefits, or raises.

If our government cared one iota about the shrinking Middle Class, it would have stopped all legal immigration, cancelled all work visas, and made sure no illegal immigrant got ANY social services or public aid OR free education for their anchor babies. But it won't happen, because both political parties are owned by those who give them the most money. And that is Big Business.
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