This is why there are no jobs in America anymore....Globalization (unemployment, healthcare)
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Head on over to the GAP/Banana Republic/Old Navy and find out.
Just for the purpose of being accurate when quoting prices in this forum? It's not worth it. I don't need to know how much a pair of jeans cost at every outlet.
The greedy CEO's, owners and shareholders in combination of past government policies has led to most jobs leaving the country.
You're right but you're wrong. The USA is a place where corporations and businesses can count on being massively over-regulated to the point where they can hardly do anything at all. It also overtaxes corporations and then has this endless list of tax credits. If you can find a way to qualify for enough tax credits, you pay a lot less. And if you can become best buddies with the politicians in Washington you might never have to pay taxes at all. It's a big corporation friendly, small business unfriendly environment. And currently there is no downside if you want to hire workers in China and pay the $.50 an hour.
What we've effectively done in America is screw ourselves -- all in the name of creating a global economy. We quite happily demolish any and all protections for our own economy with the naive hope that other industrial powerhouse nations will simply follow suit and do the same. They aren't. China, Japan, Europe: They all stack the deck in their nation's favor. We stack the deck against ourselves.
Just completely on a whim, I threw together an idea that I think would most definitely turn the ship around. Step 1 = Dump the entire corporate tax system and do away with all the silly tax credits for everything under the sun. First draft of the idea I posted here: https://www.city-data.com/forum/polit...d-lowered.html
UPDATED AND REVISED VERSION:
Quote:
A.) Toss the existing corporate tax code and all credits in the garbage and start over.
B.) Start at a flat 25% for all corporations. If their corporate headquarters is in the USA, Japan, Germany, Switzerland, China, South Africa or Antartica, they all start out with the same flat 25% corporate tax rate and they are not treated any differently. 25% of your profits made from selling your crap in the USA is what you pay, with the following two adjustments.
C.) Adjustment for outsourcing your workforce to other countries. Made 100% in the USA? Tech support 100% in the USA? Are all your parts made in the USA? The USA will now reward you for doing the right thing as follows:
-- 50% or more of their workforce outsourced to other nations, add 15% to their tax rate.
-- 30% and 40% of their workforce outsourced to other nations add 12% to their tax rate.
-- 20% and 30% of their workforce outsourced to other nations add 10% to their tax rate.
-- 10% and 20% of their workforce outsourced to other nations, add 5% to their tax rate.
-- If between 5% and 10% of their workforce outsourced their tax rate is unchanged.
-- Under 5% of workforce outsourced, subtract 5% from the corporate tax rate.
-- Any corporation with 0% workforce outsourced to foreign nations subtracts 10% from their corporate tax rate.
D.) Adjustment for CEO salary (or highest paid employee whoever that is) vs the lowest paid company employee. CEO salary = Pay + stock options + anything at all the company gives him for working for them, minus any money they re-invest in growing and expanding the company in the USA.
-- If the CEO makes 1000+ times as much as the lowest paid employee, add 10% to their tax rate.
-- If the CEO makes 250 to 1000 times as much, add 8% to their tax rate.
-- If the CEO makes 100 to 250 times as much add 5% to their tax rate.
-- If the CEO makes 50 to 100 times as much, tax rate is unchanged
-- If the CEO makes between 20 to 50 times as much, their tax rate is unchanged.
-- If the CEO makes 10 to 20 times as much or less, subtract 5% from their corporate tax rate.
-- If the CEO makes less than 10 times as much subtract 10% from their tax rate.
Companies willing to go with a 100% US work force and 100% made in the USA that who aren't paying insanely high wages to their top exec can end up with a 5% tax rate.
Companies whose workforce is mostly overseas and who pay exorbiant wages to their CEO while tossing peanuts to their workforce end up paying 50% in corporate taxes.
Immediate result: Small businesses, most of whom are already doing everything it takes to get down to that 5% tax rate will flourish. All the companies who have been selling out the American middle class will have very good motivation to hire in the USA rather than India and China. If they do not, others will and anyone qualifying for the 5% mark in any given industry will be able to sell their goods for much lower prices. The folks stuck at 50% will have to decide if it's really and truly worth their while to make everything in China and pay their CEO $50 million. CEO's are the single most over-rated job in corporate America, it is the workers who make or break your business.
If I can do that in about 1/2 an hour or so, why can't our government come up with something as good or better?
It's a myth. There are plenty of jobs in America. Just not manufacturing jobs.
When you make nothing, you really are nothing. It just takes awhile for that reality to set in. If there are no manufacturing jobs then America has a pretty damned bleak future ahead of us.
Trial lawyers and environmentalists, two job-killing entities which own whatever part of the Democratic Party that civil xervice unions don't, are also masters at demolishing an economy via frivolous lawsuits and rampant environmentalism.
What the heck is the purpose of an EIR anyway other than to delay construction of a needed project which will put millions of people to work?
Having a socialist in the White House who loves the European method of governing is another anvil around our economy's neck, and most of us cannot wait until he loses next year, having losts independents for keeps, as well as that sky-high unemployment rate.
Skyrocketing prices for gasoline and groceries thanks to his pointless ethanol addiciton and desecrating the value of the dollar thanks to Funny Money Bernanke, moronic CAFE standards which demolished Detroit's auto manufacturing industry in the seventies, and a nonstop parade of more job-killing regulations will ensure his doom next year as well.
But deliberately lying to a farmer in Iowa yesterday by prerposterously declaring that his administration will 'be applying common sense' to regulatory issues was yet another lie from the Whopper-Teller-In-Chief.
The real reason why there isn't any decent jobs left in America is because everyone got greedy. Not just big business but also the consumer and the consumer speaks the loudest. In the 70's during the first gas shortage many people starting buying foreign cars and that trend has continues to where the largest car manufacturer is Japanese. American's had 2'x3' closets at one time but were not content. Now closest are as big as a bedroom and full of clothes made in China, Indonesian, India and places I can't pronounce most of which are never worn. American's bought American made shoes and had them re-soled and heeled when they needed to be. The worst thing is American clothing with American logos made in a foreign country. An American flag made in China and an NFL hat made in Indonesia how unAmerican is that?
You can blame big business and they do share a large part of the blame but it is the consumer who votes for these products every time a cash register goes ding. If Americans wouldn't buy this foreign crap then stores would be forced to stock American made items. If you want to know what happened to your job just look in your closest or your driveway for the answer.
Trial lawyers and environmentalists, two job-killing entities which own whatever part of the Democratic Party that civil xervice unions don't, are also masters at demolishing an economy via frivolous lawsuits and rampant environmentalism.
What the heck is the purpose of an EIR anyway other than to delay construction of a needed project which will put millions of people to work?
Having a socialist in the White House who loves the European method of governing is another anvil around our economy's neck, and most of us cannot wait until he loses next year, having losts independents for keeps, as well as that sky-high unemployment rate.
Skyrocketing prices for gasoline and groceries thanks to his pointless ethanol addiciton and desecrating the value of the dollar thanks to Funny Money Bernanke, moronic CAFE standards which demolished Detroit's auto manufacturing industry in the seventies, and a nonstop parade of more job-killing regulations will ensure his doom next year as well.
But deliberately lying to a farmer in Iowa yesterday by prerposterously declaring that his administration will 'be applying common sense' to regulatory issues was yet another lie from the Whopper-Teller-In-Chief.
The idea is widely taken for granted. “Job-killing regulation” has become not only a mantra of today’s Republicans, but also the marketing pitch for a host of plans to have Congress exercise preemptive powers over federal rule-making and enforcement efforts.
It turns out, however, that it is easier to generate provocative rhetoric on this topic than to provide historical evidence for the proposition that regulations do, in fact, kill jobs. Through repeated inquiry, Remapping Debate established that, at least in Washington, vociferous opponents of regulation are often unable or unwilling to offer any such evidence, even in the area of regulation — environmental protection — that is the ground zero of current Republican fury.
When you throw rhetorical labels aroound such as "Socialist" when it clearly does not apply to Obama, does not give your post much credibility from the jump.
Sure there are. They just pay less than a decade ago (allowing for inflation). I've seen some jobs that pay less now then they were in the 80's.
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