Quote:I have no problem establishing reciprocity on a base line regulatory structure to protect worker safety. I think its essential to establishing fair trade.


What I said was this idea that every word of the thousands and thousands of pages of regulations placed on businesses were whispered to Thomas Jefferson on the side of mount rushmore is a myth. Most of the regulations are written to close the door on any mom and pop producer being able to grow to a size that threatens a pre-existing conglomerate. We should ho through line by line and decide which is important and which isn't. Now we just add thousands and thousands of pages every year by executive fiat.

 

OK, so eliminate unreasonable regulations, and apply the same standards of reasonable regulation to manufacture by trading partners, sounds good to me.



As for the tax structure you better be damn worried. Detroit was the economic center of the universe. The businesses were forced out and now the place is like a wasteland. That can be a foreshadowing of the country. Why would you have a draconian tax system forcing companies out just to keep people out of work and on foodstamps. Talk about a negative feedback loop.

 

Detroit killed itself, not a draconian tax system



Capital goes where it is best treatedindicatofding indicator of economic growth has always been private capital investment not government spending. If we don't develop a climate that encourages capital investment in our markets then another 50 years from now we will all be yelling stories about what it wad like when America was great.

 

Sorry, seen too many policies that increase inequality and fail the sniff test under the pitch of 'economic growth'. Some of us feel we are already past the point of when America was great, and the unfettered pursuit of corporate growth has led us there.



As for immigration, we accept over a million legal immigrants a year. We cannot assimilate the worlds population. Immigration by definition has to be managed and controlled by the state otherwise there is no sovereignty.

 

Agree 100%, the state must control immigration. My point is the state does a crap job of doing so due to co-option by business interests that favor the labor pool provided by illegal immigration. I don't think there currently is a good option for legal entry for non-skilled labor.


Most employers especially in construction are forced to higher workers both legal and illegal under the table because the cost associated with human capital is so high in our system. It can cost between 20 to 30 dollars an hour to pay someone 12 to 15 dollars an hour when you factor in Rica withholding accounting workman comp unemployment general liability insurance etc. Etc. No one talks about that. We need to have a system that encourages hiring workers above board and not one that is driving the country into an underground economy and over reliance on foreign goods.

 

Umm, wait, you are saying that because of FICA, UE, etc, it doubles the cost of a worker? Hmm, from what I understand the additional costs are nowhere near that. Please explain.