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cbwang888 (25.43)

I won't hire people in US if I were the boss of S&P 500



January 27, 2011 – Comments (2)


Reasons being simple and selfish:

* Fed will raise interest rate if US job market improve significantly. Then my stocks will likely go south

* Medical costs for insuring US employees are way to high

* If I hire people overseas and make deals with foreign governments, my company will likely to gain some advantages in selling into the market in those countries

* Workers from developing countries work harder and are paid lower

* My company can have off-shore advantages to save US taxes which is higher than most developing countries in Asia. Using off-shore $$$ to do M&A has great tax benefits ...

* I get to travel more and get laid 

That's enough...




2 Comments – Post Your Own

#1) On January 27, 2011 at 10:16 AM, CCLEGG (< 20) wrote:

* I get to travel more and get laid



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#2) On January 29, 2011 at 1:48 PM, devoish (64.32) wrote:

+1 rec.

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