This explicitly show one of the reasons that we cannot compete against China. They are a government subsidized country who unfairly pays their employees a low compensation compared to the excessive executive perks and salaries in the United States. Another place that they unfairly compete is because the state provides housing, transportation, health and welfare, and education for free. They also pay the factory and other employees a wage that is about 1/6th of what it is here in the US. They are using their system to out compete us and our business leaders are so gullible that they are falling for the trap very easily. Why do so many executives give lip service to competition in that they believe in it. If they did they would promptly lower their executive compensation to rival the Chinese. They would also start to buy things that are made in the USA by shopping around. There are a lot of things still made here that are competitive and where companies do not have to pay excise taxes and shipping. Don’t you think it is time that we actually started practicing competition!
This explicitly show one of the reasons that we cannot compete against China. They are a government subsidized country who unfairly pays their employees a low compensation compared to the excessive executive perks and salaries in the United States. Another place that they unfairly compete is because the state provides housing, transportation, health and welfare, and education for free. They also pay the factory and other employees a wage that is about 1/6th of what it is here in the US. They are using their system to out compete us and our business leaders are so gullible that they are falling for the trap very easily. Why do so many executives give lip service to competition in that they believe in it. If they did they would promptly lower their executive compensation to rival the Chinese. They would also start to buy things that are made in the USA by shopping around. There are a lot of things still made here that are competitive and where companies do not have to pay excise taxes and shipping. Don’t you think it is time that we actually started practicing competition!