Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 10-29-2017, 02:40 PM
 
Location: The Republic of Texas
78,863 posts, read 46,611,558 times
Reputation: 18521

Advertisements

Quote:
Originally Posted by cttransplant85 View Post
The assumption that capital isn't mobile. Which is why it's best to just not be hostile to capital investment to begin with. If a state creates a very hostile business environment like Connecticut or Illinois capital will just leave and go to friendly environments in Texas or Florida. Or if the United States is hostile to capital it will just go to friendlier environments in Mexico or Singapore. This is a major flaw, we're essentially in a global competition for capital. Say we became a socialist country It may work initially; until capital just leaves, then we all become poor.
Venezuela for 1000, Alex.
Reply With Quote Quick reply to this message

 
Old 10-29-2017, 03:20 PM
 
56,988 posts, read 35,189,362 times
Reputation: 18824
Quote:
Originally Posted by Catgirl64 View Post
Hell, it's not even limited to first world countries. There are many developing nations that are doing a better job than we are at covering everyone. How embarrassing is that, when we call ourselves the richest country on Earth?

It's also very ironic that the original post mentioned Singapore as being more business-friendly. Their health care system covers everyone, too. Here is a list of countries with UHC that have been deemed freer, economically, than the US by a conservative think tank.

https://www.forbes.com/sites/theapot.../#11a8eef1137e
Americans really oughta be embarrassed. But they’re actually proud of our stupidity.
Reply With Quote Quick reply to this message
 
Old 10-29-2017, 03:23 PM
 
Location: Brusssels
1,949 posts, read 3,863,526 times
Reputation: 1921
Quote:
Originally Posted by cttransplant85 View Post
The assumption that capital isn't mobile. Which is why it's best to just not be hostile to capital investment to begin with. If a state creates a very hostile business environment like Connecticut or Illinois capital will just leave and go to friendly environments in Texas or Florida. Or if the United States is hostile to capital it will just go to friendlier environments in Mexico or Singapore. This is a major flaw, we're essentially in a global competition for capital. Say we became a socialist country It may work initially; until capital just leaves, then we all become poor.
And yet people who live in countries which can be called social democracies have a higher standard of living than we do and they have no problems innovating and exporting.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads

All times are GMT -6. The time now is 04:29 AM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top