USA among easiest to do business in the world.

[James48843]

Too much US regulation driving businesses to move outside the U.S.? Not so, says a new report from the World Bank, which rates nations based on a number of factors about favorability to business formation and operation. Survey says- only four countries out of 183 are easier for doing business- and that isn't a reason to move.

World Bank: U.S. Regulations More Business-Friendly Than Other Region's
As U.S. politicians wrangle over the best way to create jobs and spur economic growth, one international agency is indicating that changing the regulatory environment may not be the answer.

The U.S. ranks in the top five of countries with the most business-friendly regulations, a recent report from the World Bank finds. America's regulations are more business-friendly than those of European, African, Latin-American and most Asian countries, according to the report.

Still, even though the U.S. may be more business-friendly than other regions when it comes to regulations that may not be enough for some; three-quarters of Americans say that businesses are over-regulated and that the rules push jobs overseas, according to a survey published last month by the Tarrance Group.

Republican leaders have been critical of what they view as excessive regulation that is preventing businesses from hiring. But Treasury Department officials wrote in a blog post Monday that the data doesn’t support the notion that over-regulation is what's holding businesses back, Politico reports.

http://www.doingbusiness.org/~/media/FPDKM/Doing Business/Documents/Annual-Reports/English/DB12-FullReport.pdf

More to the story here:
http://www.huffingtonpost.com/2011/10/24/world-bank-us-regulations_n_1028254.html

 

[PessOptimist]

SO...why have so many US companies moved their manufacturing base to other countries? Those that are actually US companies that is.

 

[James48843]

SO...why have so many US companies moved their manufacturing base to other countries? Those that are actually US companies that is.

So they can pay workers $ 1 an hour instead of $7.25 an hour.

http://www.bbc.co.uk/news/business-15456509

and

[url]http://www.businessweek.com/magazine/content/06_13/b3977049.htm
[/URL]

 

[Aireman]

 

[PessOptimist]

Originally Posted by PessOptimist
SO...why have so many US companies moved their manufacturing base to other countries? Those that are actually US companies that is.

So they can pay workers $ 1 an hour instead of $7.25 an hour.

http://www.bbc.co.uk/news/business-15456509

and

[URL]http://www.businessweek.com/magazine/content/06_13/b3977049.htm
[/URL]

That was meant as a rhetorical or perhaps ironic question. Thanks for the interesting articles. Good to see that the Chinese workers are getting ahead, relatively speaking.

 

[nnuut]

The answer to the question is GATT, NAFTA and ?????? that Ross Perot warned us about years ago! Thank you Mister Carter and MR. Clinton.
Ne nice NOW!

 

[nnuut]

BS is BS We gave it away!