samhill wrote: the politico`s & big business have sold this country it seems like theres a lot of short term memory here.
This country is a hostile environment if you want to do business. I wouldn't blame business, they need to survive and if moving their operations overseas is what they need to do then that's what they are going to do.
I forget the specific conversation and can't find it but a few years back Jerry from Leisure Line posted something along the lines of a Chinese company offered to produce his units for him and ship them here in a box assembled and ready to be sold for less than what he could make them for. That's the reality of what many business are facing. He could have closed up shop, ran the business from a recliner, had a product that cost less and made more profits. To his credit he didn't do it but that doesn't mean Harman or some other company isn't going to do it down the road. Where's that leave Leisure Line when the competition is offering competing product at much less?
There is a variety reasons for this including ridiculous tax rates for business, environmental laws across the board that make running a business very expensive and the guy bolting seats into a car that wants $50 an hour. Looming on the horizon is Cap and Tax and the Health Care bill both of which will significantly increase the cost to business.
Example? here you go:
http://www.chron.com/commons/persona.ht ... 7edf877348
The joke among China hands goes like this. If the Americans and the Chinese start talking about a major project today, in two years the Chinese will be done and the Americans will still be talking and applying for permits. It should not be surprising that ExxonMobil, a premier company in its field like few others in their respective fields, vilified in the green-house-gases-solar-and-wind-obsessed United States will find a lot of work in energy hungry China
"Joke" could not more aptly describe it. The people running this country better get their heads out of their asses and do it quickly. If Exxon proposed this plant here we *might* see it built in 15 or 20 years.
I know the common complaint is about CEO's driving companies into the ground and making off with millions which is certainly a legitimate complaint but the fact is these companies move their business overseas because they have to. It's either do or die, you're not going to survive in this economy making stuff here.