Friday, November 11, 2011

Why Do Businessmen Want Us To Be More Like China?

Steve Jobs apparently told Obama the U.S. needed to be more helpful for businesses, like China, and others have complained that the U.S. has too many regulations.  But then there's this:
A recent survey from the Bank of China and wealth researcher Hurun Report found that more than half of China’s millionaires are either considering emigrating or have already taken steps to do so.
The survey found that the most common reason cited by respondents for emigrating was their children’s education, followed by a desire for better medical treatment and the fear of pollution in China.
The top destination among those emigrating was the U.S., accounting for 40%, followed by Canada with 37%, Singapore with 14% and Europe with 11%, the survey showed.
I know, U.S. businessmen don't want our air to be opaque, but listening to the Republicans claim they'll get rid of the EPA, you have to wonder.  It is nice to know that the wealthy in China don't think it's that great, and they want to come here.  So much for China being better.  Business executives may build plants in China, but they aren't moving there.  That says a lot.

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