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2009-08-04 Economy
Offshoring surges
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Posted by 3dc 2009-08-04 12:09|| || Front Page|| [6 views ]  Top

#1 Huge surprise. Why would companies go offshore to avoid additional taxation, unionization, and regulation? Makes no sense to me.
Posted by anymouse">anymouse  2009-08-04 14:26||   2009-08-04 14:26|| Front Page Top

#2 If there was zero taxation, unionization or regulation the execs would still offshore when they can pay their third world labor 1/4 to 1/10 domestic pay rates and import their goods and services with minimal or no tariffs. That is, until the domestic economy collapses and the money runs out.
Posted by ed 2009-08-04 16:50||   2009-08-04 16:50|| Front Page Top

#3 Ed,
Juche would work as well for America as it did for North Korea.
Posted by Bright Pebbles 2009-08-04 18:46||   2009-08-04 18:46|| Front Page Top

#4 I'm sure Obama and the other trans-nationalists will be delighted.
Posted by DMFD 2009-08-04 19:07||   2009-08-04 19:07|| Front Page Top

#5 Well BP, the US economy is barreling to NorK levels. The "Progressives" are chortling about great project to De-develop the American economy.

Uncle Sucker's workers are not competing with the worker in the next town or state, but directly competing with China's, India's or Vietnam's. Or if they are luck Japan or German. None of them play by America's (or Britain's) rules.
Posted by ed 2009-08-04 19:46||   2009-08-04 19:46|| Front Page Top

#6 Uncle Sucker's workers are not competing with the worker in the next town or state, but directly competing with China's, India's or Vietnam's

If that were true, then the unions wouldn't be pushing carding. The reality is that they have and are competing with their cousins in other states.
Posted by Procopius2k 2009-08-04 20:31||   2009-08-04 20:31|| Front Page Top

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