On 21/08/2011 10:42 AM, Wayne B wrote:
On Sun, 21 Aug 2011 12:02:19 -0400, wrote:
John is right, but so is iBoat More. It is time to end Corporate
Welfare. You are either an American Company in America, or you aren't.
A PO Box in Puerto Rico just isn't enough.
It's not nearly that simple, and multinational corporations are here
to stay. GE's X-ray operation is relatively small and is largely
old, mature technology with the exception of newer computerized
imaging. GE still manufactures a great deal in this country
including some major export products, and employs approximately
130,000 people in the US.
GE move is logically a good one. China will be its largest market. And
if a machine in made in China, R&D in China, then sold in China, then
what kind of American ignorance and arrogance justifies taxing the
Chinese? Just because the head office is in USA? That can be fixed,
including moving all those juicy taxable executive salaries.
It isn't like the generation of human capital stock has lots of math and
science skills from the liberal the feel good statism brainwashed
graduates of American. It isn't like Harvard business leadership skills
are worth a damn, see GE, Chrysler, GMAC, GS and others. If anything,
Harvard just means bull**** and an unprofitable golden handshake.
Cultural decay has set in. So like smart people now leaving the USA,
well, companies are too. Emigration from the USA is growing for
business and people and smart people know the course the USA is on is
not economically viable.
--
Flea party (leftie) fear, begets flea party smear.