Competition everywhere!

Posted by plusaf 4 years, 8 months ago to Economics
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Obama hates companies that relocate their headquarters overseas for 'tax reasons.'
What he and many State governments don't realize is that such 'disappearances' simply reflect competition between countries and states, too!

Until legislators respond by making it illegal or too burdensome... which, in itself, is a testimony to failed policies.
SOURCE URL: https://eresearch.fidelity.com/eresearch/goto/evaluate/news/basicNewsStory.jhtml?symbols=DIS&storyid=201411022127DOWJONESDJONLINE000168


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  • Posted by  $  ObjectiveAnalyst 4 years, 8 months ago
    How about we adopt the low tax and regulatory policies that these other nations have that draw business from us? No... our government will probably do as you suggested and prove their policies a failure first...
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    • Posted by 4 years, 8 months ago
      OA, I think it's simply what I've been saying for many years now... Critical Thinking in the US is virtually dead, but especially at most levels of politics and bureaucracies. If they demonstrated any, these issues would go away in a heartbeat.

      I turn 69 in a few weeks and my expectations of seeing such a 'sea change' in my lifetime are nil.

      So, as I tell my stepdaughter, "live in the here and now, have as much fun as you can and stop worrying about things that don't or can't directly affect you!"

      Still working on that lesson with her. She hasn't seen the light yet. Maybe a few more decades for her... :)
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  • Posted by freedomforall 4 years, 8 months ago
    Secession is the answer. America still has the mind set among a substantial minority to value freedom and competition. No other country can compete with that at present.
    The Dark Center and the elite who only wish to keep their advantage by crushing competition will never be reformed through peaceful political process unless there is a viable alternative. Secession is the only possibly viable alternative.
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