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Well since my charting isn't working, I will do some Cooperate Economics:
ECON 101 C
Cooperations were given write-offs against taxes for reinvesting, modernization, and expansion to remain in the USA. The main purpose was to make it economical to hire Americans at the higher labor rate and still provide a good profit margin. This also was an effort to stop the migration of US cooperations from moving their headquarters overseas. So, if they have to pay the 15% tax anyway why not move to a country with a cheaper labor base.
ECON 102 M& CA
So this will help Mexico and Central America, right? In the past it would have done exactly like in the 70's but now not at all. Paying for workers protection and company property protection to gangs and corrupt local officials has taken away the profit margin. So, off to Asian Pasific and South America or just get China to produce your product for you.
Well, there you go. Companies will exit United States and you will see unemployment increase like when car manufacturers left Detroit. Enough for now. Do you agree? :nuts:
No one cares who's going to pay.Chart:
3.0% already and may be peaking. Will we double top or what? As always we'll see after deadline: :blink:Going to be a big pop this morning because consumer price remains 8.5 %
Yes: :blink:Is gap going to backfill? Chart: :suspicious: