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The average fully-loaded annual cost of an Indian white collar worker is like $37K; in the USA that worker would be around $155K. Those are real numbers from my company, a large one you have heard of which will stay nameless. I know because I have worked with these data sets that give these numbers.
In other words, an Indian guy with a university degree is less than one quarter the cost of the equivalent American worker.
You're not going to close that kind of a gap just with "lower taxes and regulations."
That is why we always made up for that with trade tariffs, to keep our economy strong and moving.
We made it so the competition was on an even playing field. Imports would always be more costly than domestic made products. Our people had work, and with America being a consumption society, it was a perpetual motion machine... Until the playing field got tilted so severely, jobs left our nation, and our industrial complex all but shuttered its doors.
Trump is so right about it and how to right the ship to increase our GDP.
people are getting laid off in big numbers as this move happens, and more companies are thinking about doing this. but what about you? how can they just do this but claim to care about America? how would you feel if that was you being laid off ? how does this boost the us economy ? are they doing this based on the high tax, is it greed, or is it regulations or something else ?
The prime motivation is labor costs. $10-20 per day versus $10-20 per hour - and it has nothing to do with "greedy unions". Americans can't compete on $10-20/day.
It is this wage discrepancy that also drives illegal immigration.
That is why we always made up for that with trade tariffs, to keep our economy strong and moving.
We made it so the competition was on an even playing field. Imports would always be more costly than domestic made products. Our people had work, and with America being a consumption society, it was a perpetual motion machine... Until the playing field got tilted so severely, jobs left our nation, and our industrial complex all but shuttered its doors.
This is not the way it is done. Civilized countries make up for that with a better educated and more productive workforce. Sadly, in America today, education is seen as a bad word and tuition free college to ensure the best educated work force in the world, regardless of the income of their parents is seen by many as "evil socialism"! In the past, Americans strongly believed in having the best educated work force and strong federal involvement in making sure that massive investments in education could send a man to the moon. Since then, a massive propaganda effort has taken place dumbing down the people and convincing the people that the rich and the powerful should have great advantages in the education system.
Greed and sell out politicians who don't care about American jobs. They make trade deals that make it more profitable to leave the country than to stay.
It is just business working within the rules, regulations and taxes placed upon them.
No one is in business to lose profits to the competitor.
You life time employees will never ever in a million years get it.
There is a reason the word TARIFF exists. Used wisely and you get the roaring 20's again. Used to over protect jobs in America and you get Smoot/Hawley and a nose dive happens.
Everytime the people finally get the government out of the way, even if it is just a little bit, the people prosper.
When government starts trying to micro-manage anything, we get failure after failure and only the big guys are able to have the residual capital to overcome the burdens placed by government on business.(2 class society here we come)
people are getting laid off in big numbers as this move happens, and more companies are thinking about doing this. but what about you? how can they just do this but claim to care about America? how would you feel if that was you being laid off ? how does this boost the us economy ? are they doing this based on the high tax, is it greed, or is it regulations or something else ?
Were these companies making a profit before the move? If so then it is greed. Avoiding taxes? Greed. Cheaper labor? Greed. It's all GREED.
And it's recent changes to U.S. laws that incentivize moving for GREED.
There is a reason the word TARIFF exists. Used wisely and you get the roaring 20's again. Used to over protect jobs in America and you get Smoot/Hawley and a nose dive happens.
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Originally Posted by BentBow
Everytime the people finally get the government out of the way, even if it is just a little bit, the people prosper.
When government starts trying to micro-manage anything, we get failure after failure and only the big guys are able to have the residual capital to overcome the burdens placed by government on business.(2 class society here we come)
So which is it? Tariffs or get government out of the way?
This is not the way it is done. Civilized countries make up for that with a better educated and more productive workforce. Sadly, in America today, education is seen as a bad word and tuition free college to ensure the best educated work force in the world, regardless of the income of their parents is seen by many as "evil socialism"! In the past, Americans strongly believed in having the best educated work force and strong federal involvement in making sure that massive investments in education could send a man to the moon. Since then, a massive propaganda effort has taken place dumbing down the people and convincing the people that the rich and the powerful should have great advantages in the education system.
It is just business working within the rules, regulations and taxes placed upon them.
"Just". I love it. "Just" he says.
It's greed of the era of monopoly capitalism and it is happening because of laws alright ... RECENT laws that incentivize it. Everything that happens in the economy, happens because of laws. And laws make it possible for us to mold and shape an economy that we want if "we" can get control over lawmaking.
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No one is in business to lose profits to the competitor.
So what. Operate business to serve society and make a reasonable profit doing it or don't open a business. That should be the rule.
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