Quote:
Originally Posted by kane
I guess what I was saying is that these policies have made it so enticing for companies to move offshore that it is very difficult to entice them to come back.
The other day I saw a story where a fishing company based in the US catches fish in US waters then ships them to China (I think, but it might have been a different Asian country) to be processed then they ship them back to be sold here. It is actually cheaper for them to twice ship the fish across the ocean than to open up a plant here and do the processing locally.
If I were going start a company that manufactured a product and my choice was between hiring workers in the US for $12-$15 per hour plus the benefits I would have to give them or outsource it where I can pay someone $3 a day and not have to worry about benefits the choice is an easy one to make. It is going to take one hell of an incentive for me to bring that business to the US.
I'm not saying it can't be done, it can be, but it is not going to be an easy thing to do.
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It is not just wages and/or benefits that is a problem for businesses and in fact that may be the least of their concerns. In the USA they have to comply with EPA regulations as well as OSHA...IRS and other Federal regulations as well as State Tax boards and various State regulations.
In China...for example...they appear to have few...if any...regulations at all.