Economics 101

I hear so much from "The Messiah" about how incomes have gone DOWN in America, and how it is George Bush's fault. The American People are apparently stupid enough to buy into this argument. But here's a REALITY CHECK for you Obama heads.

America has enjoyed many many years of higher incomes than just about every country in the world. And those countries were UNABLE to do anything about it for much of that time. However, times are a changin'. Anybody and everybody knows the Mexicans will work for far less than Americans. The Chinese work cheap as well, and have 30 or so people living in each household. I bet there are some starving people in Africa who would LOVE the opportunity to work for $1 per day. If they got $1 per hour they would think they hit the damn lottery! Can you argue with that?

And how can you, in this admitted GLOBAL ECONOMY, keep any company from shipping jobs to another country to STAY IN BUSINESS, or cut the wages of those they employ here? you can't, period. I have done some research. And here are the results:

The following figures are for MINIMUM WAGE, 40 hours per week:

United States $12,168

Now check out some of our competition . . . Mexico $1,721, Brazil $3,572, Dominican Republic $1,058, Hong King $7,407, Jamaica $3,875, Japan $10,692, Kenya $902, Pakistan $1,412, Phillipines $2,342, Russia $1,747, Sri Lanka $1,469, Thailand $2,276, Turkey $7,550, Ukraine $1,300, Venezuela $4,368.

Remember, this is MINIMUM WAGE. In America, MANY MANY people make far more than this amount. But in these other developing countries, minimum wage is the rule, not the exception.

So imagine yourself the CEO of a company with a plant in the United States. And a company based in Mexico is coming in, eating your market share, and eating you alive because their wages are 1/10 of yours. You have a choice. Move to Mexico or go out of business. Whatcha gunna do? You can either decide, or the decision will be made for you when your inventories soar, sells plummet, and your paychecks start bouncing.

Now ADD to that dilemma that you are in the country with the SECOND HIGHEST TAX RATE ON EARTH! Now imagine that that country is talking about RAISING YOUR TAXES! You think companies aren't going to pack up EVEN FASTER and get out? If you don't think higher taxes will mean losing jobs, I've got a bridge to sell you in Louisiana.

So you have TWO problems. Problem #1, and one that just can't be avoided short of imposing massive taxes on imports, or prohibiting them altogether, is that as long as there are other countries to go where they have a workforce that is willing to work for less, nothing George Bush, Barack Obama, or anyone else can do to stop them from relocating. Nothing. And the more unions try and organize to extort higher wages form companies located here, the faster they are going to leave, period.

Problem #2 is, companies that ARE here, as taxes go UP, and things like mandated health care coverage are imposed, driving up costs, there is an increased incentive to leave this country, period, end of story, game over.

So Obama can blame George Bush all he wants. But the FACT is, that as long as there are people willing to work for less, companies are going to migrate to those areas to cut costs and be more competitive.

You're the boss at a company makes widgets. You have two rooms full of people. In room 1 the people UNIONIZE and demand $28/hour, paid vacations(more and more each year), paid sick days, two breaks per day, personal days, and health benefits. Oh, and raises every year.

The second room is filled with people who are just as capable at assembling your widgets. They don't even know what "union" means. They're hungry. They work hard. And they need a job. They live 15 to a house and they don't have cell phones, satellite tv, or have power windows and door locks. They don't know what designer jeans are, and they don't spend a bunch of money on birthdays and holidays. because they don't HAVE ANY MONEY to do it with. They'll work for $3/hour, with no health benefits, no vacation, no sick days, no personal days, no breaks, no nothing. Just $3/hour. And they'll work hard and be happy. Not complain, unionize, and strike.

Who ya gonna hire? You can move to Mexico, LOWER YOUR WAGES(your #1 expenditure) by 86%, stay in business, and GROW . . . or you can stay and have your taxes raised, and pay almost TEN TIMES MORE for your labor and wait until the bank puts a lock on your door. Wages are going to KEEP GOING DOWN until the wages are EQUAL, period. And all the elections in the world are not going to do a damn thing to change that. It's a fact of life. As long as it is cheaper to go to Mexico, and taxes are HIGHER HERE, companies are going to go and you can blame Santa Claus, the Tooth Fairy, or G. Gordon Liddy. But nothing is going to change the FACTS. Why do people shop at WAL-MART? To SAVE MONEY. Well there ya go!

And Obama wants to blame George Bush? If America is this dumb, I better stock up on bridges, because I think sales are about to go through the roof. (Hmmmm . . . wonder if I can get some Mexicans to build some bridges for me?)

Can ANYBODY honestly take issue with ANYTHING in this post? I rest my case. And NOW you know . . . the REST of the story!!!

GOD BLESS AMERICA!