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

To: LLCF who wrote (120841)	12/29/2011 9:19:27 PM
From: grusum	2 Recommendations Read Replies (2) \| Respond to of 224707

the low wages blow all that other stuff away. really? tonto just told you that if they raise taxes again in wisconsin, he's leaving (and it ain't for lower wages, it's for lower taxes). most major companies profit margins are very thin. many under 10%. if taxes get raised just a small percentage, it forces them to move SOMEWHERE else. why don't you ask some CEO how much it costs them to comply with regulations? many businesses now have compliance departments! and if you're an employer, you have to look at skill sets and work ethics of any low wage foreign country you go to. employers have found that finding the right people with the right attitude isn't so easy in low wage countries. that's part of the reason their wages are low in the first place. have you ever wondered why it costs more to hire a guy to dig a ditch with a shovel in america, than it does in a low wage country like mexico? our wages aren't higher than other countries by accident. a country's wages are higher than another country's wages because the efficiency of their labor is higher than in the lower wage country. in other words, if you can get more done you can pay higher wages. any economist will tell you that unless Beck or Breitbart hired them. yes, any brain dead socialist keynesian economist, like krugman. but no classical economist will spout such crap. most 'economists' today are keynesians. they've been trained to think 2+2=5. and now their idiotic mythical constructs are starting to crash before their eyes. but then they'll just construct another myth like the 'neo keynesian principle' that will also be shown to fail. finally they'll run out of myths, but by that time it may be too late for all of us. all because some dumb ass thought he found some new economics, and the even dumber politicos in power bought into it. You're not that lame are you? you're not lame enough to buy into the keynesian BS, are you?