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Obamunism endorsment

Proof obamunism works:haha:

Quote:

The rub: Ninety percent of that additional cost of a $4 billion factory is not labor but the cost to comply with taxes and regulations that other nations don't impose. (Cypress Semiconductor CEO T.J. Rodgers elaborated on this in an interview with CNET, saying the problem is not higher U.S. wages but anti-business laws: "The killer factor in California for a manufacturer to create, say, a thousand blue-collar jobs is a hostile government that doesn't want you there and demonstrates it in thousands of ways.")
"If our tax rate approached that of the rest of the world, corporations would have an incentive to invest here," Otellini said. But instead, it's the second highest in the industrialized world, making the United States a less attractive place to invest--and create jobs--than places in Europe and Asia that are "clamoring" for Intel's business.

You tell em unka Paul!
http://news.cnet.com/8301-13578_3-20...l?tag=mncol;1n

Quote:

Otellini singled out the political state of affairs in Democrat-dominated Washington, saying: "I think this group does not understand what it takes to create jobs. And I think they're flummoxed by their experiment in Keynesian economics not working."

I would be fully willing to give them tax breaks. In exchange for HEAVY HEAVY taxes for companies that outsource.

Quote:

Originally Posted by Zachstar (Post 1477055)

I would be fully willing to give them tax breaks. In exchange for HEAVY HEAVY taxes for companies that outsource.

But companies outsource because they would go out of business if they didn't.

Which is the same basic reason all US business isn't hiring.

And that's the rub - everybody outsources, including other countries besides us. Every time somebody attacks Wal-Mart for using Chinese products, I point to Phillips Electronics - same thing. Sony PS3 - made in Japan, Malaysia, Korea or China.

I just bought An Ibanez bass - made in Korea.

And a Fender amp - made in Malaysia.

TTM is right; companies go where the labor is cheap enough that they can make products without going out of business.

And that is what is wrong with the system. :03: There was a day when American were proud when it was stamped, "Made in America." Personally I would rather pay a higher price for goods made in America than a lower price for lead filled goods from China. But that is just me. Call me an Isolationist. :DL :O:

Quote:

Originally Posted by AVGWarhawk (Post 1477082)

There was a day when Made in America meant something also. Those days are gone. These days, Made in America means higher cost, same or lower quality. And that just does not appeal to the capitalist in me. :nope:

America's problems were brought on by us American's. We wanted to have someone else do our thinking for us.

Now were paying a high price for it. And we still haven't learned. Well most of us that is.

Quote:

Originally Posted by Platapus (Post 1477127)

Yea but it is easer for me to storm a office here over poor products than one in China! Also, if a company builds crap the company goes under...unless Washington bails them out.:doh: Eventually the higher quality will be present. People will play for good quality.

Yea ,we sure fell asleep at the helm didn't we.

Quote:

Originally Posted by FIREWALL (Post 1477140)

Well, gee, with unions requiring that assembly line workers recieve $20/hour plus a pension in a position which most high school graduates can adequately perform, is it any wonder that our manufacturing industry is dying?

By the way, I am of the strict belief that, despite the high wages, pensions are the ultimate killer of American manufacturing.