Mr Natural
Platinum Member
- Aug 23, 2009
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No? When costs exceed revenue the result is loss. No business except government can sustain loss indefinitely. Since labor is a major component of any business labor costs largely will dictate whether the business can run at a profit or loss. When regulations add gratuitous costs then it reduces profits. So you are completely wrong. What a shock.
Did you read my last post on the subject? Outsourcing saves a company NINETY PERCENT or more of its labor costs. Any other proposed explanation for outsourcing is trivial and a diversion from the real reason.
When outsourced labor costs one-tenth as much as NON-UNION labor in the U.S., the difference between union pay and non-union pay is unimportant.
No regulatory cost ever has or ever will come anywhere near equaling ninety percent of a company's labor costs.
If all American unions were to disappear tomorrow, and all business regulations and corporate taxes were to be repealed, the savings from that would still not come anywhere near offsetting the increased cost of labor from relocating here, and no outsourced jobs would come home.
question...
you seem to know a lot on this topic...
So tell me.....percentage wise....how many jobs have we lost to employees overseas?
10%? 20%.....1%?
Not so much the percentage of jobs lost but the types.