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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: grusum who wrote (120815)12/29/2011 8:23:12 PM
From: LLCF  Read Replies (1) | Respond to of 224707
 
<the cost of labor has more factors than just wages.>

No one said it didn't... but you're not looking at the scale of all factors... the low wages blow all that other stuff away. Of course if you've got dogma to support that might be hard to admit, even though it's obvious both historically and currently.

<taxes and regulations have chased the jobs out.>

Wage differentials blow away all that stuff.... any economist will tell you that unless Beck or Breitbart hired them. :)) You're not that lame are you?

DAK



To: grusum who wrote (120815)12/29/2011 9:45:19 PM
From: tonto2 Recommendations  Read Replies (1) | Respond to of 224707
 
Why did millions of jobs go overseas in the first place?

What are the key reasons why 371 of the U.S. Fortune 500 companies (as of a year ago according to a Delhi-based magazine)have a presence in India?

The No.1 reason is to avoid high taxes in the US. Federal and state government spending of our income taxes plus local governments' spending of our property taxes are now consuming 44 percent of our nation's GDP, if you look at data on www.usdebtclock.org.