"Gunner Asch" wrote in message
...
On Wed, 21 Sep 2011 19:04:14 +0700, john B.
wrote:

On Wed, 21 Sep 2011 02:08:58 -0700, Gunner Asch
wrote:

On Wed, 21 Sep 2011 05:56:52 +0000 (UTC), (Edward A.
Falk) wrote:

In article ,
Steve B wrote:
Tax the rich. Tax the corporations. Take their wealth. Give it to
the
little people. Make life fair.

Are these people so foolish to think these people and companies will
not
relocate and I mean RIGHT NOW to third world countries to keep their
wealth?

Taxes on the rich used to be much, much higher than they are now and
there was no mass relocation to 3rd world countries back then.

So where all the TV set makers here in the US? The Audio manufactures?
The machinery makers such as lathes and mills? Heavy equipment?
Automobiles? Die stamped puzzles? Toys? etc etc etc etc

Why is 50% of American manufacturing...gone to other lands?

Hummm?

Gunner

I doubt that it is taxes, per se, but rather the entire cost of doing
business. Tax, labour and material costs, plant and equipment, and so
on.

Cheers,

John B.

And what makes up those costs? Think hard before answering.....

Gunner

First, nowhere near "50% of US manufacturing" has moved offshore. The dollar
volume of US domestic manufacturing continues to climb.

http://research.stlouisfed.org/fred2/series/IPMAN

It's the jobs that have gone away, not the manufacturing itself.

http://research.stlouisfed.org/fred2/series/MANEMP

The first reason is higher current and future profitability of offshore
operations. It has very little to do with taxes, as you'll see if you read
the business economics reports instead of the general press. It's mostly
about growth in customer bases, which is the primary reason for
manufacturing in China.

After that, it's free or almost free land and/or manufacturing plants; wages
hovering around $1/hour; state assumption of health care insurance costs;
and state-supported loans.

--
Ed Huntress