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Original thread:
Post 53 made on Friday April 13, 2012 at 23:34
InHomeDemo
Long Time Member
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April 2010
314
My point is not that companies shouldn't build products here in the U.S., but that there is more going on than cheap labor. Cheap labor for items such as low end children's toys and dollar store items sends work overseas. Cheap labor for electronics and higher end goods isn't that much of an incentive to send jobs oversees. On the other hand, excessive regulation, taxation, and the lack of a skilled manufacturing work force is an incentive to send work overseas. There are old timers retiring in this Country with no trained replacements. Our education system is a complete failure. If you want any subsidized education at all, a student should be required to pursue a job that is needed for the economy. Jobs like engineers, machine workers, and nurses. The corporate tax rate should be slashed to fifteen percent. Any regulation that doesn't make sense, like global warming, should be rescinded immediately. That being said, global companies should have factories every where. GM has plants in China, Toyota has plants in the U.S. A global economy is good for everyone, unless a country is lazy and inefficient.


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