Quote:
Originally Posted by djplong
Richie: One of the things you might be 'missing', and I certainly don't mean that as a slam, is something that has been occurring in ALL business - worker productivity. Whether it's a robot replacing an assembly line worker or software on a PC that allows one person to do a job that used to take two people, it's been on the increase for a long time in the US.
As I recall when I saw some statistics a ways back, the US *is* number one in the world when it comes to this. Part of it is the squeeze put on labor, but automation has had a huge hand in this.
This can easily explain some of the "bigger profits from fewer workers" equation.
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This is why many incorrectly assume we don't manufacture much in this country anymore, when in fact, we one of the largest manufacturers in the world. We just do it with less labor who work longer hours for more days a year than comparable workers in the other top manufacturing nations.
I'm just saying if the business atmosphere were more attractive, businesses would blossom and grow and employment would expand exponentially.
Higher and higher taxes in the form of business, corporate, capital gains, etc., coupled with high fees attached to all the rest of business start-up minutia is stifling business creation and expansion.
To me, this is pure common sense. Higher costs stifle business from the creation of it to the consumption of it's products.