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Politics : A US National Health Care System?
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To: Mary Cluney who wrote (9560)9/16/2009 11:35:39 AM
From: i-node  Read Replies (1) of 42652
 

Let’s see: five are in Germany, four are in China, one is in Spain, one is in India, one is in Italy, one is in Taiwan and one is even in Abu Dhabi. I suggested a new company motto for Applied Materials’s solar business: “Invented here, sold there.”

The reason that all these other countries are building solar-panel industries today is because most of their governments have put in place the three perquisites for growing a renewable energy industry: 1) any business or homeowner can generate solar energy; 2) if they decide to do so, the power utility has to connect them to the grid; and 3) the utility has to buy the power for a predictable period at a price that is a no-brainer good deal for the family or business putting the solar panels on their rooftop.

Tom left out the REAL reason -- that the US corporate tax rates are amongst the highest in the world and that regulation of every aspect of business in the US is out of control. That every one of the countries listed is easier and less expensive to do business in than the US.

While the United States will increase tax rates in the coming year (by the mere expiration of the Bush tax cuts), countries all over the world are busy CUTTING tax rates to make their countries more amenable to business.

Tom conveniently forgot to mention that fact....
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