Toledo Ohio has built a glass building for its newest museum. The crazy part of it is that Toledo had to buy the high tech glass panels from China! Granted some of the panels are large and curved to boot, but why couldn't Toledo buy the panels from a US manufacturer? Is China to blame? No, China is not to blame. In fact, a Chinese company was the only company that Toledo found that would make the glass panels. Why? Because no US manufacturer was willing to invest the $500,000 for a machine that would make the glass. Now for many years, the US has been the leader in high tech glass manufacturing and now we are loosing our lead to an emerging foreign company. Why is this? Is it because US companies have no guts or no ambition anymore? No, its because the US is now turning into a welfare state with higher taxes on individuals and businesses.
US businesses are now in a period of total business uncertainity. They don't know what new taxes they will have to pay. They don't know how much they will have to pay for employee's new health insurance plans due to the new health care law. They don't know what market demand will be with so many people out of work and so many cities and states having budget problems, especially for any custome made products such as curved panels of glass. So who is to balme for this state of affairs? Our leftist socialist Congress of course.
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