Why do companies move Overseas?

[Salty]

1) Taxes
2) Labor costs
3) Regulations

For the details go to this link


Before you go putting these companies down -
DO YOU BLAME THEM?

If you owned a business - would you take these factors into play if considering moving to another country?

 

[DMorgan]

From a purely personal standpoint, Yes, I fault US companies relocating overseas. Employers can, as citizens, work to change regulatory issues and taxation rates. As to labor costs, from my experience the sole reason for off shoring was profit generation, not merely reducing labor costs. They generate tremendous profit increases by not having to adhere to the same labor models as here in the US. Saw this play out here in SC with textiles, and saw it in NC with the furniture industry. The USA is the largest consumer nation on the face of the planet. If the products are going to be sold here, they should be manufactured here. When we started poking holes in the economic bucket and leaking money out of our system we started our economic decline. Globalization was/is a lie to entangle the masses into a one world economy that benefits a very small percentage at the expense of everyone else.