Economics For Democrats

Once upon a time, there was a little PC compnay, quaint name, called "Dell". The little company got bigger and bigger. Soon it needed a place to build a huge PC manufacturing plant. Austin Texas stepped up, offering big tax breaks, build here, build here, please build here. Dell chose Round Rock Texas, a nice low cost area outside of Austin.

Now times change, the tax breaks have expired, the costs have risen, and Dell says, "we're out of here". Need to cut costs to remain competitive, thanks for the memories.

Corporate tax rates in the US hoover around 40%, depending on State, the highest in the world.

Dell takes steps to save $3B USD over the next three years

Dell is continuing its efforts to cut costs and an Austin, TX desktop manufacturing plant looks to be the latest victim. As is the case with many U.S.-based companies these days, Dell will cut jobs and rely even more on overseas manufacturing "to restore the competitive advantage of the company’s operating model."

The Austin plant closure is a part of a five-point Dell growth plan which will focus on global consumer, enterprise, notebooks, small and medium enterprise and emerging countries. By removing the Austin plant from its portfolio, Dell hopes to make a sizeable dent in the $3B in savings that it hopes to realize over the next three years.

Democrats' economics, more people on welfare. I can't say this enough, if you don't know who Democrat Jimmy Carter was, look it up. It is what happens to prosperity when you have a Democrat socialist President paired with a fawning Democrat Congress. The match with the current crop of 60s throw back Democrat flower power leaders is perfect for disaster. The unwary better take financial steps to protect yourself now, unless of course you bought into one of them no interest house loans, then you be screwed, sorry. If you think it's all a scare tactic, don't worry, if missed the first run, the re-run will be here shortly.

Capital in the modern world moves with the speed of light. Like oil does, heh, heh, heh. Communists don't think anything ever changes.