There, I fixed it for you. Some examples:wharvey wrote:sjfcontrol » Mon Sep 12, 2011 8:27 pm
It is ACCURATE to blame the government, and they are guilty in many ways, but there is plenty of blame to go around. Until something happens to bring jobs back, and good paying ones at that, the economy will stay at the bottom of the septic tank no matter what else is done. And I guess the real question is that if by some miracle this happens, will we be willing to vote with our pocket books or send them back overseas.
1. American watch makers were prohibited from making claims about their products with regard to water resistance with exhaustive studies proving those claims. Watch importers were not under that restriction and could claim whatever they wanted. Result: Most of the American watch makers went out of business and watch making moved overseas. And this is before it was a labor cost issue.
2. Health insurance became an employer benefit when the Federal government was controlling wages and employers were trying to attract new workers. Like Social Security, once the practice was started, it was almost impossible to rescind.
If you go back to nearly every crisis, actions by the government were at the root of it and over-reactions by the government (Sarbanes-Oxley to the Enron scandal, Dodd-Frank to the sub-prime mortgage mess) lead to further problems. How many other countries have an albatross like either of these around the necks of its businesses?
The free market system has its flaws and there are always those who are corrupt and wiling to steal revenue through fraudulent practices. Those problems pale in comparison to the problems that are being created or exacerbated through government actions. Wanna talk about H1-B visas?