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I do not disagree with many of the points you lay out, but the United States is a very dynamic country. In fact, many companies moved operations to countries with lower labor costs to better compete in the marketplace.
When we started the business, we did not pick the date, the date picked us. We were fed up with the ups and downs, of whether we were going to be laid off this time. So two of us made the decision to move on and thought we could do better.
In fact, we knew the margins in the industry and basically became the low cost manufacturer actually competing with the company we left. We survived because we lowered the cost of our services and were able to better compete. Our customers are no different than those who run a household, why should they pay more if they have an alternate source?
We had much lower overhead, definitely worked harder and eventually we built a reputation in the industry where we could attract all the major clients. And yes we became very innovative.
We did not lower wages, because in order to maintain our standing in the industry, it was imperative that we hire the best we could find and provide, yes, competitive wages to attract them.
I did not mean to bore you, but it is small business which is the workhouse of our economy and they are being trounced upon with government regulations. I cannot predict the outcome of the recent passage of Obamacare on employers but it does not reduce costs. So where do the jobs go? Just more pressure for companies to compete in the global market.
And in all likelihood, another job lost. (because China has no Obamancare)
The only entity creating jobs is the Federal Government, but that cost is paid by you (employees) and me (ex-employers).
That is why I do not diminish your disdain for CEO pay etc. but to have a war between the haves and the have nots does not lead to jobs where eventually tax revenue is derived.
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