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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: Bill who wrote (2206)	11/24/2008 2:52:04 PM
From: pompsander	Read Replies (2) \| Respond to of 103300

You must be the stupidest "business man" I've ever conversed with on SI. Let's see... to hire an American employee, my business has the following expenses in addition to wages: - health insurance - life insurance - dental insurance - workmens comp - state unemployment insurance - federal unemployment insurance - 401k match - FICA match - training expense - overhead expenses (computer, supplies, furniture, etc.) For us to hire a $50K salaried employee, we budget approximately $100K. Hiring the same employee in India, if feasible, would cost about $25K in total. So unless Obama plans on giving companies a $75K tax credit for each US employee hired, it's hard to see his proposal as a meaningful incentive._ _________________ As noted in the prior post there are advantages to having a person on site, managable. As for your costs, you need to tighten your belt if you have a 100% overhead factor to acquire an employee. We run less than 60%. If Obama give sme a decent tax credit, I'll hire someone here I can manage and work into the ground on salary rather than send it to India. Plus, its patriotic! Get on Board, Bill (Oh, and cut that match on the 401(k), put in a defined benefit plan).

To: Bill who wrote (2206)	11/24/2008 3:18:28 PM
From: DuckTapeSunroof	Respond to of 103300

Perhaps you might be able to find some good old-fashioned poverty ridden Third World locale to locate your business interests in? Perhaps Vietnam (I hear the Communists are all into sweat shops now!), or perhaps something a little closer to your putting greens... say Bolivia? (Nope... maybe no so much any more, the 'jig' appears to be up there): casa-del-duderino.blogspot.com So... perhaps Micronesia (before it disappears under the rising waves)? Or Bangladesh (same, same... then there is that nagging little 'Islamic radicalism thing')? Perhaps Burma or Zimbabwe?