America and Europe have two different visions of how to succeed in business. Europe does it without really trying, and America does it the old-fashioned way, by working hard and making higher quality and more desired products. This is particularly true in technology, which is one explanation for the European Commission’s (EC) ongoing crusade against Microsoft.
The Wal-Mart Bill
In January, the Maryland legislature overrode Governor Bob Ehrlich’s veto of the Fair Share Act. The legislation requires all businesses in the state of Maryland with 10,000 or more employees to spend at least 8 percent of their payroll on employee health benefits or pay the difference in a tax. Although there are several large employers in the state, the bill only affects Wal-Mart. In reality, this law has nothing to do with providing health insurance. It represents the continuing effort of labor unions and their allies to demonize and punish successful, non-unionized companies. A similar bill was passed in Suffolk County, New York that affects large, non-unionized grocery stores.
“Buy America” Rips Off America
“Buy America” provisions have been insterted into legislation, especially defense bills, for many years. Usually, such provisions are removed from the final version of the defense legislation. That happened late last year, when Senate leaders and administration officials convinced House Services Committee Chairman Duncan Hunger (R-Calif.) to drop the provision from the fiscal 2006 Defense Authorization Act, which was then signed into law by President Bush. The Buy America clause would have blocked the Pentagon from buying military equipment from international companies that receive government subsidies. The removal of this language constitutes a victory for taxpayers and national security. More competition in Defense procurement can only result in better value for taxpayers and improved equipment for military personnel.