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Under Obamacare, employers issue vouchers for low income employees to purchase health insurance. HSA's still exist.Limit malpractice awards.
great way to focus on pure utter trivia
the most important way to control costs in any industry is to have customers spend their own money. This is why Republicans support vouchers, HSA's, and various methods to make the system more Republican and capitalist.
Liberals simply lack the ability to understand capitalism; accordingly we can identify the source of all our problems in health care. It is not coincidence that our health care is 2-3 times overpriced, it is 100% owing to the liberal's pathetic, non-intellectual, bleeding heart involvement in that particular industry.
Were they involved in every industry that way we'd be 2-3 times overpriced in every industry.
Can anyone deny this with a straight face? Can anyone deny that Communist China instantly saved 30 million human beings from liberal en masse starvation the instant they switched to Republican capitalism? A liberal can deny it, but only because a liberal feels no requirement to think whatsoever. It is a very sad fact.
[Under Obamacare, employers issue vouchers for low income employees to purchase health insurance. HSA's still exist.
If patents were required to pay for all their healthcare, mortality rates would rise particularly among the poor because most people would not save enough money to see their way through major illnesses.
Purchasing insurance removes the patients's incentive to keep costs low and often takes the decision making out of the patients hands.
The average wage of a factory worker in China is $1.68/hr, $3.50 in Mexico, and $3.00 in South Korea.
Factories Go South. So Does PayThe average wage of a factory worker in China is $1.68/hr, $3.50 in Mexico, and $3.00 in South Korea.
Link?
Is Globally Outsourced Chinese Labor More Akin To Slave Labor
Factories Go South. So Does PayThe average wage of a factory worker in China is $1.68/hr, $3.50 in Mexico, and $3.00 in South Korea.
Link?
Is Globally Outsourced Chinese Labor More Akin To Slave Labor?
Economy of South Korea - Wikipedia, the free encyclopedia
We need fewer words and more thought. Let's focus on--If that were true than lower paid US workers would be 'more attractive' and retained, while higher paid US workers would be laid off and replaced with foreigners. We know this is not what's happening so we have to accept the fact that high "US wages relative to wages abroad" is not why US companies hire foreigners....Higher US wages relative to wages abroad make foreign labor more attractive to manufacture...
The reason companies are hiring in foreign countries workers that are worth less than the US minimum wage is because if they did that in the US they'd go to jail.
The assult on US labor and unionism and free trade are all part of the same changing business model.
They are class war masquarading as free market.
Do you really think there are 10k's of engineers in china willing to work for half the price (or less) of american engineers,
Do you really think there are 10k's of engineers in china willing to work for half the price (or less) of american engineers,
yes, the NYTimes just did a big expose on Fox Conn where the iphone is made. If they needed to instantly change the glass cut for the iphone front for example it said they could have 10,000 workers and 3000 engineers on the job Sunday morning at 2:00AM!!
I recently hired a Chinese computer scientist. His plane landed at about 9:00PM on Sunday; he was hard at work by about 11:30PM.
South Korea has a new police force just to catch kids who are up in the middle of night doing homework. Its a new world folks!!
Sounds like you've never hired and managed both $22/hr American workers and $1.68/hr foreign workers. It's eye-opening; when I ran overseas construction projects I used US unit cost performance data because it was the same regardless of unit labor cost. There's no way around the enormous gulf between American vs. foreign worker productivity....The average wage of a factory worker in China is $1.68/hr, $3.50 in Mexico, and $3.00 in South Korea. In the US, it's about $22/hr...
People say that without thinking....jobs are going overseas...
Do you really think there are 10k's of engineers in china willing to work for half the price (or less) of american engineers,
yes, the NYTimes just did a big expose on Fox Conn where the iphone is made. If they needed to instantly change the glass cut for the iphone front for example it said they could have 10,000 workers and 3000 engineers on the job Sunday morning at 2:00AM!!
I recently hired a Chinese computer scientist. His plane landed at about 9:00PM on Sunday; he was hard at work by about 11:30PM.
South Korea has a new police force just to catch kids who are up in the middle of night doing homework. Its a new world folks!!
Do you even realize that you are agreeing with me in my argument that high paying jobs are being exported, which is what I was trying to show, all you did was give 3 examples of it happening irl.
--and the reason none are being imported is because of all those protective tariffs that keep out all those jobs built by slave labor and dumped in the US to kill off our domestic job creators."...high paying jobs are being exported..."
according to Wal-Mart, whose "made in America" labeling campaign failed (i understand), US consumers refuse to consume what we makeour economy is based upon consumption. The optimum benefits to the middle comes when we make what we consume.
In '93 when Clinton signed NAFTA only 120 million people had jobs and total private wealth was $24 trillion. Now we've got 140 million people working with a total wealth of $57T....tell us all about the "Prosperity" we're experiencing due to NAFTA?...
US businesses can profitably employ low-skill, low-wage workers; without US minimum-wages, they would hire US workers (for a few dollars per hour) ?The reason companies are hiring in foreign countries workers that are worth less than the US minimum wage is because if they did that in the US they'd go to jail.
is, or is not, US Labor perceived to be un-economically-competitively "over" priced ?The average wage of a factory worker in China is $1.68/hr, $3.50 in Mexico, and $3.00 in South Korea. In the US, it's about $22/hr... not only are the wages far lower than in the US but so are benefit costs
what about Unions & collective bargaining -- don't Unions create contracts, with specific employers, for specific wages ?Workers' demands for pay hikes don't push wages higher.
if the Private sector needs "re-trained" workers; then the Private sector should finance their "re-training", i.e. "extended on-the-job training", or "before-the-job re-training" ?The problem of displaced workers is the failure of government to provide retraining
prima facie, US consumers want to earn high wages, but buy cheap products requiring low wagesthe problem is the free trade and special trade agreements that sent consumer good production to cheap labor. In an economy that is based upon consumption.
perhaps businesses could provide the "before-the-job re-training" that everybody needs ?This entire idea of a new economy... ASSUMES that americans, enough of them, will be able to attend a college, to get degrees in the fields that are paying living wages.
from whence arises this seemingly artificial "we-they", "us-them", "Blues vs. Whites" division in society ?capitalism will not max out the wealth of the few, and create large middle classes simultaneously. It is an either or, if labor is considered.
prima facie, Clinton signed NAFTA, and employed nearly +10M AmericansThe bottom line is that free trade has been a disaster for millions of middle income workers, wonderful for consumers, and a bonanza for Wall Street and investors.
