Corporate greed....you have unions that want high wages..plus vacation/sick leave plus retirement benefits, you got a govt that wants 36% corporate taxes...you got a EPA that is forcing you to spend hundreds of thousands to cut "greenhouse gases"...
and you now have to provide health care to all you workers...
and you wonder why all the jobs are going overseas....the business climate in this country is why.......
You said!!! all of this is killing my company in Pittsburgh, PA and I have a meeting at the end of February with a China based manufacturer to discuss what they can do for us. At the end of the day if my business does not make a profit, then all of my employees WILL lose their jobs. I'm not in business to pay my employees bills, I'm in business to make a profit (worthy of the major investment I had to make) and to pay my own bills. But when all of my employees make $50K a year + another $15K in pension, savings, & health benefits and i just saw my that my business made less than 1/2 of that in profit, it makes me think someone is getting laid off and soon as in next week..... Its just the way the business world works.
Make the part as cheap as you can and sell it for the highest price you can..... You can see this in the parts classified section. One week you hear a guy saying he found a great part in a box that came with a parts car (so he paid nothing for it, and the next week you see if for sale for an arm and a leg...same principle...
So I say good for carter. Hopefully it will help them stay in business.