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Tingkai
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To find the Northwest Passage
Aug 2001 time: 13:33
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quote: Originally posted by Ned
My point also is that the more we move social costs onto government, the less incentive businesses have to go offshore to avoid paying those social costs themselves. Today, businesses offer retirement and health to US employees. Both are not true business expenses. |
Health insurance is definitely a business expense that benefits businesses.
People without health insurance are more likely to avoid going to a doctor until they are really sick. That results in greater lost work time then people who get treatment for an illness early.
Payments to social security are simply part of the salary. If employers do not pay into social security then employees will want a higher salary to compensate for the lost future earnings.
Businesses are also part of society. They benefit from a prosperous nation where employees are well-educated, crime is relatively low, streets are paved and so on.
Too many employers want a free ride on the system. They want everyone else to pay for the benefits.
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JimmyCracksCorn
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Macedonia - Sovereign country north of Greece.
Dec 2002 time: 05:33
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quote: Originally posted by Lancer
What is the answer? |
I wasn't aware that a significant job drain was going on enough to warrant concern.
The US is a job vacuum though, other countries are concerned with their citizens emigrating to the US.
Edit: Sorry, I was thinking of "brain drain". I'd say the US needs to make its laws even more business friendly if it doesn't want them leaving in droves for other countries. I see business expansions and startings as what creates jobs though, is this not correct?
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Ogie Oglethorpe
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Marietta, GA
Dec 1999 time: 05:33
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quote: Originally posted by Case
It's somewhat bemusing to see that the US is going through the same loss of manufacturing jobs angst that Australia went through in the 80s and early 90s.
Perhaps the most relevant lesson the US could take from Australia's experiance is that you should cut back on the numbers of unskilled immigrants you allow into the country. If your immigrants don't have economically useful skills, then all you're doing is importing unemployment. In contrast, if your immigrants have skills then you import employment. In economic terms, It's probably better to not meet your immigration quotas then it is to let unskilled immigrants in these days.
Incidently, the Australian experiance has been that while the number of people employed in the manufacturing industry has fallen, the actual manufacturing output has increased (not counting the stuff produced overseas by Australian firms). Combined with the boom in the service industries, this has ment that Australia has enjoyed excelent economic conditions since about 1995.
Of course, this is cold comfort for the tens of thousands of Australians forced into early retirement or unpalatable jobs by the decline in manufacturing jobs. |
Technology improvements, efficiency improvements, and productivity improvments, the bugbears of socialism and communism.
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