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re: Carrier Deal

Posted on 12/1/16 at 10:20 pm to
Posted by HubbaBubba
F_uck Joe Biden, TX
Member since Oct 2010
45907 posts
Posted on 12/1/16 at 10:20 pm to
quote:

So yo think every time a major corporation threatens to ship jobs overseas they should get a $7 million tax break?

Do you even realize how miniscule that is in terms of economic impact?

What you need to know is that China floods cash into business in their country. For example: Hikvision. It is a dominant, world-wide company, with all manufacturing in China. They make security cameras and accessories, and are probably #1 or #2 in the world in unit sales,beating out big names like, Sony, Panasonic, Canon, Toshiba, Samsung, as well as industry leaders such as Axis and Bosch. Hikvision has been around only about 6 years.

The Chinese government has passed about $5 billion dollars to Hikvision to build them into a dominant manufacturer. U.S. companies are at a huge disadvantage against that sort of economic manipulation. So if a company receives a small break, it really pales in comparison to the real world issues they have to compete with.
Posted by BJones
New Orleans Saints Fan
Member since Feb 2014
322 posts
Posted on 12/1/16 at 10:24 pm to
HubbaBubba,

The Chinese stock market has crashed twice this year. I wonder why.....
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