4 ms·
If America is so noncompetitive why are 8 of the 10 biggest companies by market cap based in America? The other 2 are in china.
by throwaway_45 9y ago
If America is so noncompetitive why are 8 of the 10 biggest companies by market cap based in America? The other 2 are in china.
- graeme 9y agoThis is a logical flaw. It's like saying "You say that billionaire is wasting money on lottery tickets and alcohol. But if it's a waste, how can he have so much income?" It's possible for america to be popular for other reasons, but for the taxation of international revenues to be a negative factor.
- RobAtticus 9y agoI think the point is does it really make the US "incredibly uncompetitive" -- the original claim -- or is it closer to what you said, "a negative factor"? I think the person you responded to would agree it's a negative factor, but by pointing out 8/10 of the top companies by market cap are US-based is evidence that the US is not "incredibly uncompetitive".
- graeme 9y agoAh, I should have read the original post being replied to more carefully.