What Does American Offer The World From A Business Competitive Standpoint?
May 20, 2010
– Comments (2)
High fixed costs.
High Wages.
Expensive Health Insurance.
Expensive Property Taxes
Mediocre Education System even with MASSIVE Expenses
Lots of Regulation
A Massive Government Deficit
A Highly Indebted Population
HOWEVER:
If you are unemployed...you can get free money for 3 years...zero you you are a self employed entreprenuer. If you are a doctor, you can get relatively massive Medicaid payments even though the government paying you is running an absolutely massive deficit. If you are a banker, you can lose as much as you want and know the government will give you as much free money as you need. America is also a great place to be a politician because you can slash everyone's wage but give yourself a raise even though there is no money to pay you.
When a nation is morally bankrupt.....anything is posslble until morality returns.
Keep watching the ticker.....as the sheep get fleeced.