Emerson CEO blasts government, says firm will expand overseas

[audtatious]

Corporations pay a tax on profits. Yes, the cost is eventually passed on to consumers. Raise the tax and the end cost to consumers is higher. If the cost is too high the company is then forced to downsize in order to continue to be profitable. That means less or no R&D, loss growth, and a probable cut to the employment base. In a lot of scenarios it leads to outsourcing or overseas development.

[srellim234]

This is an honest business question since the industries I've been involved in for the most part are not allowed to import (pharmaceuticals). Using Emerson as the example, when they move their manufacturing and/or assembly overseas, are they required to pay import tariffs on those now-foreign products or are we still treating them as American products? If not, would raising the tariffs and subjecting them to import quotas negate some of the incentive for outsourcing?

I'm not looking for arguments either way; I'm looking for information.

[pallnet]

Lets call a duck what it is.

Everything going on with Obama points to one thing in my mind. It truely looks like our nation is under attack from the powers that be, attacking from within to cripple the American nation. The companies will be forced out of the country or shut down for good. When will we finaly band together and stop this radical adminstration?

Shutting down business in America is a plan to help develope other countries and put ours down at the same time.... All part of his master plan to take down our country. He hates this country, he was raised as a muslim and he can't stand us just like most radical muslims do.I really wish I was wrong on this because I have kids and our kids deserve a better life then ours, not growing up to be slaves to the government.

[srellim234]

If you are going to call a duck a duck, then do it for both parties. The Democrats have declared war on corporations in favor of individual rights. The Republicans have declared war on individual rights in favor of corporations. Neither side is willing to apply their stated principles and rules to themselves, only to those who disagree with them or don't have the power and stature to fight back.

The solution is in the middle, but both sides are being unreasonable and uncompromising.

[pallnet]

Did I mention any of the 2 parties in my post?

A duck is a duck.

[srellim234]

Without the Democratic Party Obama could not be doing what he is. Likewise, the previous administration could not have done what it did without teh duplicity of the Repubican Party.

[WDRacing]

The Duck is our Gov as a whole. From the most Jr Senator all the way to the POTUS. Doesn't matter what POS party is toting the line, they suck and have for years now. All we ever do is increase debt and increase taxes. Every thing we've done has turned to s***. I can't think of anything that is going well where our Gov is concerned.

The GOP screwed this country big time. The Liberals are continuing with the same plan, different means, same end.

Our priorities are all wrong.