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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (625442)	8/22/2011 12:33:27 PM
From: Alighieri	Respond to of 1578106

The tax, regulatory, and union environment in the U.S. simply makes it impossible for American companies to compete if they build products here. We discussed this ad nauseum over the last couple days. I know that some of it is competitive pressure...but not all of it. I know this because we did it at both companies I for which I worked. We exported high value add jobs...it was what you did...in some cases it made no sense, but you did it because everyone was doing it. The only way you fix that and avoid the pitfalls of protectionism is with tax incentives and mitigating the power of unions when there is an opportunity to do so (something this president certainly can't be accused of). Listen the discrepancies in labor cost as often so severe that you can't just attribute it to "union power"...you'd have to pay people life_inadequate wages, remove all benefits and you'd still have to subsidize them with credits let alone tax incentives...and if the government starts subsidizing companies where do you stop? The "Tea Party" would want to know which industry is too big or too strategic to let go? Al