American employers are already feeling squeezed enough as it is from global market pressures.
Since when it is an employers' responsibility to fund health care for its workers above what is mandated under workers compensation?
American companies are having an escalating problem of trying to compete against overseas factories located in countries with government-controlled "deflated" currencies.
And her husband's backroom trade deals with China has made the situation for worse for employers. Her husband deals with China has caused losses of entire manufacturing sectors and has increased the U.S.'s national debt due to slower wage growth. Also his deals increased worldwide oil costs due to China's growth. ( oil is need for asphalt, road building emulsions, diesel building equipment, gasoline, plastics, etc.)
Pressures on U.S. businesses will only grow as more 3rd world countries come online by copying China's government-controlled "currency deflation" and "pegging".
2007-09-18
10:27:58
·
13 answers
·
asked by
a bush family member
7
in
Politics & Government
➔ Politics