100%FTA
The reason that companies move overseas is that the United States is kicking them out. Intentionally, consciously, purposefully, kicking them out.
Companies would happily stay here, despite a somewhat higher salary cost than abroad, if that were truly the only challenge. But the challenges faced by American manufacturing are entirely created by the political class: a litigious society, a regulatory state, and a tax code that punishes each employer for his very existence.
If we want to bring about a jobs renaissance – and yes, we must! – then the only way is to engage in a standard conservative program of regulatory reduction, corporate tax cuts, and legal system reforms.
We need to stop kicking companies out, and then trying to fine them for understandably fleeing an inhospitable environment.
Spot on.
100%Great article.
This is the new “NORMAL”
We have a low birthrate, it is low enough that our population would be declining if it were not for immigration. Our transportation secretary says that he is building bus lines, light rail lines, high speed rail lines, bike paths and apartment buildings for the immigrants.
And then we go and give projects to foreigners. Something is wrong.
Were these guys American. Im curious. If not, why would our government give foreign nationals money to compete with Americans.
The LA Times came out with a story 2/5/2016 about a Los Angeles based developer, Advanced Development and Investment Inc. (ADI).
http://www.latimes.com/local/lanow/la-me-ln-housing-indictment-20160205-story.html
They defrauded the government of millions of dollars building low income housing. They obtained loans of $62 million for low income housing projects in Chinatown, Hollywood, Glendale, Echo Park, Lincoln Heights, South Los Angeles and elsewhere. They overstated the costs of construction and were indicted in 2014. They built 50 affordable housing projects across Southern California.
Salim Karimi was ADIs president and co-owner.
Ajit Mithaiwala is ADIs founder and Karimi s father-in-law.
Ulhas Jain is ADI s chief financial officer.
Mekala Ganapathy ran the companys compliance department.
Karimi was arrested and released in India and the three others are thought to be in India. Karimi has been charged with felony counts of conspiracy, wire fraud, aggravated identity theft, tax evasion and making false statements to a federal financial institution.
The High Speed Rail Authority said they are starting to build in Madera because the immigrants need high density apartments to live.
All the high speed rail contracts are going to international corporations. The trains themselves are being built in other countries. Our busses are built in other countries.
The high speed rail contract to Las Vegas went to a communist government, China. They will own the land and the train.
The U-6 unemployment rate, which includes those who are discouraged from seeking work along with those who are involuntarily working part-time stood at 9.9% in December. Our labor participation rate is at 62.6 percent. 94.1 million Americans over the age of 16 either dont work or arent looking for work.
Of the 151,000 jobs added in the January, retail trade added 58,000 jobs, while employment in food services and drinking places, aka waiters and bartenders, rose by 47,000 in January.
The Bundy Ranch standoff was because Harry Reid s son was representing a Chinese company that wanted to build a solar plant. They wanted to relocate the desert tortoises to the BLM property the Bundys used.
The Hammond Ranch in Oregon standoff was because the Clintons were representing the Russians in buying up all the Uranium mines in the U.S.
The Chicago Stock Exchange is being sold to the Chinese.
Chinas Zoomlion Heavy Industry Science & Technology Co confirmed on Wednesday an unsolicited takeover bid for Terex Corp, the US crane and construction machinery maker.
General Electric selling appliance business to Chinese Haier Group, biggest appliance maker in China
Each year, companies are allowed to import 65,000 new hires from foreign countries, plus another 20,000 who have received a degree from an American university to compete with American graduates for jobs.
Korea Aerospace Industries (KAI) has revealed the prototype that will form the basis of Lockheed Martin s bid for the US Air Force s T-X next generation trainer competition. Based on the T-50 family of trainer/light fighter aircraft, the company s “T-X demonstrator aircraftâ€
General Motors says it will sell in the United States next year a vehicle made in China, becoming the first major US automaker to do so.
Sara Blackwell, the Florida attorney representing the former Disney workers that were replaced by foreign workers told Breitbart News Daily that there are 1,200 Americans in New York who will suffer the same fate as the Disney workers. “Right there in New York, 1,200 Americans are training their replacements” Blackwell said.
Three of communist China s big state-owned enterprises (SOEs) are part of a bidding war underway for Starwood Hotels & Resorts Worldwide, the parent group that owns iconic high-end hotel brands Sheraton, Westin, St. Regis, and W Hotels.
Fury and fear in Ohio as IT jobs go to India: IT workers are training their replacements
China-Owned Radio Stations Are Spreading Chinese Propaganda in the US
China is surreptitiously taking over U.S. radio stations.
As a result of China s flooding the world market with cheap, state-subsidized aluminum and our president s irrational aversion to fossil fuels, a 127-year-old American industry is in danger of disappearing. This week, the two largest primary aluminum producers in the United States announced curtailment of aluminum production at key smelters across the country. Alcoa announced that it was halting smelting operations at its Intalco Works (583 employees) and Wenatchee plants (428 employees) in Washington state, its Massena West plant in New York (500 employees) and that it was curtailing alumina refining capacity at its Point Comfort facility in Texas.
Unvetted foreigners working as U.S. baggage handlers
Ex-CIA Woolsey issues stunning warning about airport security
Last year, the Walt Disney Corp. fired 250 tech workers and required them to train their foreign replacements.Southern California Edison did the same to 500 IT workers, saving $20 million annually by paying their replacements barely half of what the fired employees earned. Fired Americans have also trained their foreign replacements at Toys R Us, New York Life, Harley-Davidson, Cargill, Pfizer, Northeast Utilities and others.
We learn about the sad closing of yet another GE plant, this one located in Waukesha, Wisconsin. They manufacture huge industrial engines there which can sell for more than a million dollars. The workers at the plant were recently informed that the facility would be closing and it – along with their jobs – would be moving to Canada.
The Shanghai-listed Yantai Xinchao Industry Co. filed a security filing over the weekend announcing it would purchase Texas oil properties for 8.3 billion yuan.
NEW DELHI: Construction of the first lot of six VH 92 Super Hawk helicopters that transport the US president has begun in India.
In April 2006, a consortium involving American Bridge and Fluor won the tower contract. It was built in China to save money—a decision that carried its own costs when inspectors later found poor welding and busted bolts at key points that required fixing. Frick says the current $6.5 billion total is a rough estimate, and that it doesn t include interest or financing costs.
American aviation giant Boeing on Friday said it plans to assemble either its Chinook heavy-lift helicopters or Apache attack choppers in India even as it gears to offer the possibility of manufacturing a fighter jet aircraft in the country.
NORTH CHARLESTON, S.C. (Reuters) - Republican presidential front-runner Donald Trump bashed Boeing on Wednesday over its plans to open a new facility in China that the company s largest union says could hurt American workers.