The result of Obamas plan to transform Amerika.
1. It ticks me off that somehow, the media paints these companies as “unpatriotic”. Clearly, these people have zero understanding about how free enterprise or markets or the fundamental principles of capitalism that permitted the entire industrial revolution actually work. The officers of these companies are beholden to NO ONE except their shareholders; they are compelled to produce the most profit to their shareholders by producing products that sell, by the most efficient possible means, and pay the least amount of taxes legally possible and minimizing other expenses while doing so. You could make a case that NOT doing this when legally and financially possible to do so is a failure of fiduciary responsibility.
2. Of the 50% that don’t want to leave Illinois, 20% of those are doing rather well off of the other 80%, so why leave? And 5% of that 50% are politicians or connected to one. So, the figure is not very surprising.
Corporate exec quandary:
“Hmm... stay here in the former “Land Of The Free” and let the Obama run socialist federal government suck the last bit of lifeblood from the company, or move to another country where they will appreciate the wealth and jobs we bring to them.”
That giant sucking sound (as Ross Perot used to say) it a giant vacuum cleaner sucking jobs out of the US of A.
A comprehensive deal to make doing business in America more profitable would be great. Giving case-by-case breaks to certain politically connected companies would be just adding salt to the wounds.
Killinois simply doing what it does best...The next step is to move factories, jobs, technology, wealth
I guess they haven’t heard how exceptional the U.S. is.
In before ‘bring jobs back now. Just sayin’’
Hmmm. Corporations leaving the U.S. People clamoring to get in. What is the end result? Pure anarchy.