Chapter 205

Laomei's system is a bit similar to China's enterprise annuity system. For people with higher income, this system is good.

401 account is basically tax-free, unless you pay more than required.

For the securities industry, this is a major positive. The investment direction of these accounts is mainly securities assets.

From the perspective of future generations, this thing is really wonderful.

As for the current situation?

It's just sad.

Tax exemption is good, and it's also good to add some retirement protection, but there's a premise: you need to make a profit on your investment.

Today's U.S. stock market, and China's stock market have a fight, it is impossible to make money, as long as not how to lose money, that is genius.

What? You said William White.

Please, no matter how powerful he is, he is also an individual. The amount of money involved in the 401 plan is very large. It is impossible to invest a lot in those high-tech stocks. What they like is blue chips.

It's a very good idea. It was OK when it was launched. Unfortunately, the Dow just bounced for two days and then began to weaken.

"William, is your company fully involved in the 401 plan?"

"Of course, this tax reduction plan is not bad. Why not join it?"

Little Bushu was speechless for a while. You are very calm here. Peanut meal is very noisy.

"Just a loss on investment, what is this operation?"

"Oh, how can you see it like this? The cycle is at least 20 years. Your data of one month is useful. It doesn't need to be published."

Elephants want to stimulate the economy. For them, the 401 plan is a big killer. The situation is not what they want to see.

"Daddy, he said one month is useless, twenty years is about the same."

"Tut, I don't know how long it will take. This guy seems to be very cooperative with this plan. I just want to know why."

"The reason is not simple. He doesn't like those guilds. That's what they use to block people's mouths."

"Tut, these bastards are rubbish."

William White's enterprises and guilds are very difficult to mix. Except for the companies he acquired, there is no way to deal with them. These guys are hard to get fired.

The new company is funny. There are almost no guild members.

Generally speaking, the trade unions of large enterprises are more powerful, and the welfare treatment of these enterprises is also better. Small and medium-sized enterprises have no one to manage, so the treatment is naturally worse.

William White is special here. Do you think he is a small and medium-sized enterprise? That's basically bullshit.

In this era, enterprises with assets of more than 100 million are not small enterprises, and those with assets of more than 2 billion are already behemoths.

The crux of the problem is that this guy's businesses are very exotic, and the number of employees is very limited.

Well, this is relatively limited, and the absolute number is also quite small. For example, the game company has more than 2000 employees, but brother, you are an enterprise with an estimated value of more than 2 billion, and 10000 people are almost the same. Why is it that there are only more than 2000 employees?

The California government has talked to him many times. As long as you open a factory, everything is easy to say.

To be honest, these conditions are very good, but unfortunately, who is William White? For him, a politician's promise is basically equivalent to a greeting, which means the same as bullshit.

Let alone this era, there will be no factories in 2020.

On the surface, the land price of Laomei is low, and the tax revenue is not very unreasonable. Although the wages of workers are a little high, they are also within the acceptable range.

Philson, let me tell you this. Let's say the salary is good. The foot basin is about 50% lower than ours. The monthly income of China is at most $200, and it may be even lower. "

"Well, you're right. Their income is bullish. Maybe in less than ten years, the income of the foot basin will be close to us. I say that, even if the income is the same, the production cost of the foot basin is still lower than ours, at least 20%."

"Boss, I really don't understand why."

"Ha ha, don't talk about you. I'm very excited about the conditions in California and Texas, but I can't. as long as there are large factories, our enterprises will be covered by the guild. They are all lunatics."

"Could it be so serious?"

"Well, you can go around Detroit. I'll ask Max to pick some people to accompany you."

"Boss, will you invest in cars?"

"Why not? The current troubles are all caused by trade unions. I wish I didn't open a factory in the United States. "

William White is a bit extreme. The guild is indeed a part of the reason. In fact, there are other problems. It's not clear what they are.

He remembers very clearly that there was a fool who was fooled by economists and went to the United States to invest and open a factory.

The end result is that there is no way to start work at all, unless you ship the workers there as well.Land is cheap, construction costs are not high, and electricity costs are OK. As for workers' wages, they are not too expensive.

What? You need 50000 workers. That's great. We'll give you our full support.

However, if you're lucky enough to have 2000 people, it's an eye opener.

No matter how high the unemployment rate in the United States is, you can't find too many workers, especially in the simple manufacturing industry.

As for the overtime work you are looking forward to, it's good to have 10% of the people willing to work overtime. No matter how much, it's just wishful thinking, unless you use all Chinese Americans.

Lao Mei's workers are really lazy, and they don't like too simple work. If you want these bastards to make apple phones, it's estimated that they need to sell at least $2000, otherwise they will lose money.

By the way, you can produce 100000 units at most. As for the order of 10 million units, it's impossible to complete, not even 2000 US dollars.

"Max, you said this is Detroit?"

"Yes, it's pretty good here. You'd better not go to other places."

"How can there be so many idle people?"

"The boss said that this is a crime city. I agree with that. As for why this is the case, the guild should at least bear a large part of the responsibility."

"The unemployment rate here must be more than 20%."

"Ha ha, more than that, there's no way to look at the official data. It's over here. It's better to completely destroy it."

"Damn it, the guild seems to be making trouble recently."

"Yes, I want to increase my income. Hehe, it's going to be bankrupt. How can I increase it?"

According to William White, enterprises and workers are like a couple. Although they often have conflicts, they can still get by.

It's different if you have a guild. This is a lawyer who specializes in divorce litigation. If you don't make a fuss on both sides, they will become furnishings.

When filson returned to Los Angeles, he didn't mention the factory any more. He was just confused. How could William White know so much about Detroit if he hadn't been there.

Well, I may have been there before. Does it mean that the boss discovered this problem many years ago?

This should be the case. Otherwise, there is no way to explain. Naturally, capitalists do not like guilds, but they are not so extreme.

Alas, this is also a problem. It may be nothing to close the guild in the short term, but it is absolutely impossible to do so in the long term.

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