It is expensive for most industries to do business in the US, because of very high tax rates and high labour costs.
Proposals to close “overseas tax loopholes” simply drive corporations to move more of their operations overseas. It was probably not such a good idea to elect a Columbia University educated POTUS who has never worked in the private sector. Would you let him do brain surgery on you? How would he do as concert master at Carnegie Hall? Would you let him work on your car? Could he design a bridge? Could he teach science to third graders? Can he program a computer?
What exactly is he qualified to do?
He’s qualified to give waivers to a growing number of companies (and unions)..
Health Care Reform Group Gets Waiver from… Health Care Reform
http://hotair.com/archives/2010/11/14/health-care-reform-group-gets-waiver-from-health-care-reform/
http://www.youtube.com/watch?v=96Uu_tI0hTw
His talent is one of poverty, corruption, divide, debt, chaos and destruction.
GE doesn’t want to leave. They like the green government money they get. I see their green NBC peacock on Sunday Night Football. They’re lovin ‘global warming’!
http://www.theage.com.au/environment/climate-change/pm-stresses-need-to-keep-up-on-climate-20101114-17spa.html
Aussie PM says we should pay tax to make it colder, so it rains less. I look forward to pay tax to see the weather change, it’s such a ingenious idea. If we pay tax, can we also affect other planets as well, I’m upset about global warming on other planets, I feel guilty every day.
Equal climate for all planets!
http://www.americanthinker.com/Free%20Pluto.jpg