Thursday, August 4, 2016

Why It Does Not Matter Where Trump Ties Are Made

With all due respect to those who are unaware of a CEO's responsibility to his/her company, employees, and stock holders, Hillary Clinton seems to be trying to make hay out of the fact that Trump has products, such as his line of ties, made outside the United States, and is trying to hammer him with that. And to many, having his products outsourced may seem a bit unpatriotic. But it is not. What IS unpatriotic is a tax rate and harsh regulations that force businesses out of the U.S.

A CEO's first and greatest responsibility is to maximize profits. Period. And in this day and age, that almost REQUIRES that products be outsourced simply because our government imposes the highest corporate tax rate in the world, and imposes the most restrictions and heavy-handed regulations, all of which makes it impossible to "maximize" profits.

And it is Democrat administrations and a Democrat congress that typically keeps those taxes high, and imposes thousands of new regulations every year. It is Republicans that want lower taxes and less government. The problem lies in the fact that Democrats convince people that it is the "greedy corporations" that are the problem, and they need to be taxed and regulated in order to achieve some sort of "social justice". So, they get away with it because the folks never realize that by punishing business, you drive it away. Money and businesses go where they are most welcome, and that is not in the U.S.

That said, by outsourcing manufacturing, Trump is being a good CEO, and is doing his job successfully. Take that to the logical conclusion, if elected president we should expect him to do for America what he did for his company - make it WORK! Being POTUS would give him a different responsibility, and there is no reason to believe he would not take that one just as seriously.

Trump gets the job at hand DONE. And if his new job is POTUS,  first and greatest responsibility would be to make America great again, and to make America a place that welcomes the money and the business.

So, to make a long story short, it really does not matter where Trump makes his ties...

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