This week we saw GE move it's X-Ray division to China... NOW BOSTON SCIENTIFIC>>SHENZEN SCIENTIFIC
If people don’t understand the consequences of too much govt, costing too much overhead, there is nothing more to say. China overcomes this with ridiculousness in slav-bour costs.
Boston Scientific to lay off 1,200-plus
Company mum on effect in Mass.
The company would not say how many jobs will be lost in Massachusetts, where fewer than 2,000 of its 25,000 employees are based. In February 2010, Boston Scientific said it would pare 1,300 jobs worldwide, but similarly did not say where.
Yesterday’s move, a day after Boston Scientific disclosed it was investing $150 million and hiring 1,000 people in China
If American workers expect to work for american wages, and free trade reamins as it is, then the american govt has to almost REMOVE ITSELF as a cost on free enterprise to make businesses here competitive.
Otherwise it is over.
OVER
PHYSICS.
- Boston Scientific to cut up to 1,400 jobs (boston.com)
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