spanko
Active Member
The other things I would add to Darth would be the high cost of wages and the high corporate taxes.
Wages should be driven by the market not by the governments minimum wages and the unions negotiating for wages so that they can get dues to elect the politicians of their choice that will put into law things that help the unions. Organically if allowed to happen that way wages would rise and fall with the demand of the market. Low unemployment would drive wages up as companies vied for the available workforce. I am always amazed at people that say we have to raise the minimum wage and then are surprised when corporations go elsewhere looking for lower wage workers.
Corporate taxes drive companies off shore. We are second in corporate tax rates only to Japan, 2008 rates.
Wages should be driven by the market not by the governments minimum wages and the unions negotiating for wages so that they can get dues to elect the politicians of their choice that will put into law things that help the unions. Organically if allowed to happen that way wages would rise and fall with the demand of the market. Low unemployment would drive wages up as companies vied for the available workforce. I am always amazed at people that say we have to raise the minimum wage and then are surprised when corporations go elsewhere looking for lower wage workers.
Corporate taxes drive companies off shore. We are second in corporate tax rates only to Japan, 2008 rates.