Not with all the draconian micromanaging regulations and the highest corporate tax rate on the planet standing in the way.
Business Insider is such a commie rag. With them, it’s all good with the Obama regime in power. Talk about living in an alternate universe.
211,000,000 US population in 1973
313,000,000 US population in 2012
This is a Good News story? Were making a comeback? Are we some kind of manufacturing giant today? Swarming with good manufacturing jobs, are we?
It’s a rather large complex. I’ve driven past it numerous times. Louisville use to be known as Strike City, atlhough we haven’t seen much of that in years, alteast since I’ve lived here.
GE appliances are terrible.
They are junk the day they leave the factory.
What in the wide world of sports are these maroons smoking? Seriously. With all the taxes and regulations coming down, what idiot (or group of them) can make such a pronouncement? As Perry Mason opined: “You’ve assumed a fact not in evidence.”
Bwahahahahahahahahahahahahahahahahahahahahahahahahahaha! That is funny right there.
Final paragraph of the article. Many at FR need to read that several times to let it sink in. Some want to pretend that cheap labor was one of the last reasons for offshoring, if it was a reason at all.
But cheap labor was the reason, the first reason and overwhelmingly the most important reason for most offshoring. No one can compete when labor in a cheap labor nation is 10%, or even 5% or less of what it is in the US. And that goes for every job in the US that can be offshored or outsourced, not just for 'low skill' manufacturing jobs.
Who knows how big this trend back to the US will be, but it's the only thing that will produce enough jobs to bring about the economic growth and job growth needed to move people from unemployment and welfare back to the workforce, or to the workforce for the first time. And that is the only thing that will ever enable up to get our budget deficits and national debt under control. What Congress and Obama might do will amount to little or nothing.
Gotta take care of Da Peeps if you want a place at the table in Barry’s New Fascist Economy.
BI is BS and a front for the administration