Skip to comments.Are We Now the World's California?
Posted on 09/08/2011 1:00:59 PM PDT by Right-wing Genius
It's an excellent point. The U.S. may not have the most favorable business climate, but we have a better quality of life than any other country. That has been our trump card against the growing number of business-friendly states on the global stage. Years ago, John Stossel did a 20/20 episode in which he visited India and Singapore and compared the ease/difficulty of opening a business in each country. In the latter, it took a few hours, much less than it would in the U.S. (and a lot less than in India). He was even able to set up a booth or something in a mall before the end of the day. Singapore also has no capital-gains tax, but on the other hand, you won't get caned for chewing gum in the United States (not by the government, anyway; I can't speak for all parents and boarding schools).STEWART: Couldn't you make the same argument, though, in terms of globalization, for companies going to India and China? If you are the pressure-valve release for companies in California, [then] who's t'say, would you criticize Texas companies --[CROSSTALK]PERRY: Seriously, you wanna live in India, or you wanna live in Texas?STEWART: Are you -- For real?[LAUGHTER/APPLAUSE]
Welcome to FR.
Your first post is both a vanity and a blog-pimp?
Not the most auspicious debut, Mr. Genius.
We have the chance to reverse the trend in the upcoming election, but it’s gonna take action. Moderation is not the way to go.
As to companies moving overseas, its the top corporate structure, usually about 15-20 people, moving to Switzerland, etc, with the operations still staying here. Even if the immediate tax structure changes, I don’t see a quick migration back since the tax structure can go the other way just as fast.
Did Stewart mean that his answer would be India, or Texas?
Because if it’s Stewart, then I have to say I honestly do not know.
I’ve got 25 employees and I’d move from Commie-fornia to Switzerland in a minute.
But then who’s gonna do all the work??
Nothing wrong with a well-written informative article even if it is from someone’s blog.
The writer neglects to mention that the trade agreements that have been put on hold are free trade agreements, versus tariffs. If it were not for tariffs, there would be no US government, and without a US government there would be no USA. The writer does not pretend to make more than what amounts to an emotional appeal into a logical argument.
Seriously, is the writer-- for real??
There’s some good points here, but I think that quality of life is the end game for the decision to set up a business. No, what business owners will do is have the companies overseas, then retire or live in a nicer place that more suits them.
There are many factors to consider when it comes to set up a business, but I don’t think that the well-being of the workers is a major consideration.
In addition, if the business climate is so poor that the company can’t thrive, then it can be the most beautiful place in the world with the most culture and still go belly-up. (Like California.)
git r done
Boeing chose to set up its headquarters in Chicago rather than in Dallas because of the “cultural opportunites:”in Chicago. I wonder how the execs feel now after the latest tricks of the Illinois government? To be in the hands of kleptomanics is not the best thing.
Thanks for posting the whole thing. I don’t click through to blogs because I’ve recovered from one blue screen of death and don’t intend to do another.
You don’t have to donate as a requirement to be here. Welcome. Ignore the peanut gallery.
CEO’s tend to be limo-socialists. As elitist citzens of the world, they despise the riff raff of the country - Americans. If they are leaving the country because we tax too much, they are the ones who put the Democrats in power to “spread the wealth.” Taxation is an excuse.
I think they know the economy is going to crash and I think they put the dems in to shake down the treasury on the way down. They are afraid of the violence that will ensue when the welfare checks and food stamps don’t go out on time.
Wait until China’s economy crashes and the chi-coms blame it on the US. All their “headquarters” are going to be Chinese property and they could easily end up arrested and worse. Everything is happy in Utopian China until it’s not.
They will live here so long as the standard of living remains high.
What many people don't realize -- China has had multinational companies on their soil in the past and then reverted back to harder core communism and ousted the companies. The foreigners were lucky, they got to go home. The Chinese who worked for the foreign companies-- not so lucky. They were "running dogs of the imperialists" and paid a heavy price for it as did their families.
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